An Approach to Decision-Based Design With Discrete Choice Analysis for Demand Modeling

[+] Author and Article Information
Henk Jan Wassenaar

Department of Mechanical & Industrial Engineering, University of Illinois at Chicago, Chicago, IL 60607-7022e-mail: wassenaer@yahoo.com

Wei Chen

Department of Mechanical Engineering, Northwestern University, Evanston, IL 60208-3111e-mail: weichen@northwestern.edu

J. Mech. Des 125(3), 490-497 (Sep 04, 2003) (8 pages) doi:10.1115/1.1587156 History: Received July 01, 2001; Revised January 01, 2003; Online September 04, 2003
Copyright © 2003 by ASME
Topics: Design , Modeling
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Grahic Jump Location
Decision-based design flowchart
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Binary Logit Choice model
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Response rate probability distribution
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Demand (year 5) distribution
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Net present value distribution




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