A framework for building behavioral models of technical and economic systems

Tuomas Ritola, Eric Coatanéa, Jean Pierre Micaëlli, Hossein Mokhtarian

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

1 Citation (Scopus)

Abstract

Efforts towards a circular economy, increased possibilities of sensor technology and monitoring, and the developments in smart, connected products and systems have all contributed to the shift from selling products towards selling service-based offerings. Product-service systems are one example of servicebased offerings, combining physical products or systems to service-based earnings logic. Many traditional companies might benefit from exploring the possibilities of service-based offerings, but the tools for modeling, simulating and analyzing service-based offerings are somewhat lacking. There are numerous existing methods for modeling products on one hand, or business and economic models on the other, but fewer combining the two. This article presents a modeling framework for describing, analyzing and simulating offerings consisting of interdependent technical systems and business processes, based on a an extension of previous work on the Dimensional Analysis Conceptual Modeling (DACM) framework. The goal of the framework is to allow modeling combinations of technical systems and business processes, resulting in flows of revenue between the stakeholders over a period of time. Further, the framework can be used to identify objectives of the stakeholders, and identify contradictions on a variable level, or conflicting objectives on a system level, and to propose solutions for solving the conflicts and contradictions based on general solution principles. In the article, the framework is applied on a case study of designing a reverse vending machine.

Original languageEnglish
Title of host publication36th Computers and Information in Engineering Conference
PublisherAmerican Society of Mechanical Engineers (ASME)
Volume1B-2016
ISBN (Electronic)9780791850084
DOIs
Publication statusPublished - 2016
MoE publication typeA4 Article in a conference publication
EventASME International Design Engineering Technical Conferences & Computers and Information in Engineering Conference - Charlotte, United States
Duration: 21 Aug 201624 Aug 2016
Conference number: 36
https://www.asme.org/events/idetccie

Conference

ConferenceASME International Design Engineering Technical Conferences & Computers and Information in Engineering Conference
Abbreviated titleIDETC/CIE
CountryUnited States
CityCharlotte
Period21/08/201624/08/2016
Internet address

Fingerprint Dive into the research topics of 'A framework for building behavioral models of technical and economic systems'. Together they form a unique fingerprint.

Cite this