Stimulating Innovation in Products and Services

Kaufman, J. Jerry; Woodhead, Roy

doi:10.1002/0471773662

Cited by 28 publications

(23 citation statements)

References 13 publications

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“…While HBU is a concept of valuation that can be applied to land or buildings that are usually interpreted with land use [10]. Value-based decisions are structural and analytical processes that aim to achieve value by identifying all the necessary functions at the lowest cost, while maintaining the required level of quality and performance [11]. This method consists of value-based processes and multi-criteria decision processes based on values in functions divided by costs.…”

Section: Literature Reviewmentioning

confidence: 99%

Optimizing State-Owned Enterprises Land Assets using HBU and Value-Based Decision

Susanto

Utomo

2019

IJPS

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Competitive business climate, lack of capital and urban land function changes have an impact on land assets that are not optimally used. State-owned land with an area of 32,495 m2 with a market value of 227,773,000,000 rupiah contained a cultural heritage building. The land is located in the east Kalimantan corridor, trade zone and service, which is the waterfront city development area of the city of Surabaya. This study aims to optimize assets and find the best development alternatives in asset utilization to become a profit center for the company. Based on surveys and interviews, found that the possible development alternatives to be carried out were Mixed Use Commercial (a1), Diesel Engine Industry (a2) and Maximize Workshop capacity (a3). Highest and Best Use (HBU) was found to be one of the techniques of decision making in the development of land and property. HBU criteria are used to build a valuebased decision hierarchy. Analytical Hierarchy Process (AHP) is applied to develop decision making processes based on preferences and the best choices. The best alternative is obtained from the Satisficing Option calculation. This result is obtained by comparing functions to costs. The function is obtained from the HBU criteria and costs come from the estimated initial costs and life cycle costs (Life Cycle Cost). Based on financial analysis calculation obtained that mixed-use commercial development has the highest and best use Net Present Value (NPV) IDR 2,470,771,622,513 with an investment cost of IDR 1,367,230,380,324. Internal Rate of Return (IRR) is 20.66% with a payback period of 6.70 years. Based on AHP analysis with HBU-Value Based Decision criteria and Satisficing Option calculations it was found that the mixed-use commercial property development is a development alternative chosen by stakeholders to optimize BUMN assets.

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Section: Literature Reviewmentioning

confidence: 99%

Optimizing State-Owned Enterprises Land Assets using HBU and Value-Based Decision

Susanto

Utomo

2019

IJPS

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“…Designers have various tools at their disposal for decomposing a system to gain insights into its architecture. The commonly used tools include the function analysis system technique and the subtract‐and‐operate procedure . These function‐based decomposition procedures help designers to systematically generate various system architecture concepts, providing further insights .…”

Section: Literature Reviewmentioning

confidence: 99%

Entropy‐based system assessment metric for determining architecture's robustness to different stakeholder perspectives

Ahn

Choi

Suh

2018

Systems Engineering

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In this study, a new system assessment metric is proposed to evaluate the robustness of system architectures to different stakeholder perspectives and decomposition preferences. Typically, the decomposition of a system architecture into a modular configuration is based on the function‐based perspective of the design teams, which can be different from the perspectives of other stakeholders such as the manufacturing teams and field service organization. In this paper, a system architecture is decomposed into different modular configurations on the basis of the preferred perspectives of various stakeholders. The generated configurations are then compared to function‐based modular configurations in terms of the diffusion of the original function‐based module components into modules generated from different perspectives. The degree of diffusion is measured using a newly proposed entropy based metric referred to as the module diffusion index. The proposed metric provides stakeholders with a quantifiable measure of the robustness of a particular system architecture with respect to the preferred decomposition strategy of different stakeholders. The proposed metric can be used to assess different system architectures in terms of their robustness to perspective‐based decompositions. A case study is conducted wherein different mechanical clock architectures are assessed in terms of the robustness to different perspective‐based decompositions to demonstrate the effectiveness of the proposed metric.

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“…After the design reguirement obtained, then Functional Analysis Systems Technique (FAST) is used to map the functional system. FAST is a powerful mapping technique that graphically models products and processes in function terms and identifies function dependencies [9]. The resulted FAST diagram is showed in Fig.…”

Section: Questionnairesmentioning

confidence: 99%

Design of Groundwater Filtration Technology to Meet the Clean Water Needs of Rural Communities Using Quality Function Deployment

2018

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The provision of clean water for all Indonesians is one of the objectives of the government that is still constrained by the limitations of the existing water supply infrastructure. Some areas, especially rural or remote areas, are still hard to reach by the clean water facilities of the Regional Water Company. Whereas the groundwater resources in this region are abundant but can't be explored optimally to meet the needs of clean water and proper consumption for the surrounding community. The availability of water is not balanced with its quality, especially as qualified water for consumption. Some other characteristics of rural areas such as poor sanitation and the presence of agricultural waste pollutants, result in groundwater quality being further away from the standard of consumption. Although there are some commercial water filtration technologies available, they are generally expensive, with limited capacity, and not intended for mass use. For that reason, a new breakthrough, by designing proper technology, which is not only affordable but also easy to use and have sufficient capacity to meet the needs of the community. This research used Quality Function Deployment followed by Functional Analysis Systems Technique to get the character of the user and design requirement of groundwater filtration technology which suitable with the community needs and water quality condition in rural areas. The result is a design of filtration technology consists of five main modules, namely filtration module, information module high voltage module, reactor module, and rack module. This design is expected to be the basis for developing clean water technologies for people in rural areas or others that are difficult to reach by the Regional Water Company infrastructure.

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Stimulating Innovation in Products and Services

Cited by 28 publications

References 13 publications

Optimizing State-Owned Enterprises Land Assets using HBU and Value-Based Decision

Optimizing State-Owned Enterprises Land Assets using HBU and Value-Based Decision

Entropy‐based system assessment metric for determining architecture's robustness to different stakeholder perspectives

Design of Groundwater Filtration Technology to Meet the Clean Water Needs of Rural Communities Using Quality Function Deployment

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