Green product design with engineering tradeoffs under technology efficient frontiers: Analytical results and empirical tests

Chen, C; Zhang, J

Green product design with engineering tradeoffs under technology efficient frontiers: Analytical results and empirical tests

Chen, C Zhang, J

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Publication Type:: Journal Article
Citation:: IEEE Transactions on Engineering Management, 2013, 60 (2), pp. 340 - 352
Issue Date:: 2013-01-01

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Field	Value	Language
dc.contributor.author	Chen, C	en_US
dc.contributor.author	Zhang, J https://orcid.org/0000-0002-7528-3653	en_US
dc.date.issued	2013-01-01	en_US
dc.identifier.citation	IEEE Transactions on Engineering Management, 2013, 60 (2), pp. 340 - 352	en_US
dc.identifier.issn	0018-9391	en_US
dc.identifier.uri	http://hdl.handle.net/10453/116158
dc.description.abstract	To implement green product design, many companies today utilize the product-line strategy to develop environment-friendly products for customers with different willingness-to-pay for the environmental attributes of a product. One major challenge in designing green products is how to deal with the engineering tradeoff between the traditional and environmental attributes along the technology efficient frontier. In this paper, we conceptualize the technology efficient frontier in green product design, and perform theoretical and empirical analyses on the design decisions under different functional forms of efficient frontiers. We develop an analytical framework for identifying the optimal designs under general forms of efficient frontiers, and propose a novel use of trigonometric functions to analyze the design decisions under the linear, concave, and convex efficient frontiers. Additionally, we analyze the average environmental qualities under different efficient frontiers and show that switching between different product-line strategies allows a firm to achieve higher average environmental quality as an alternative to pushing the efficient frontier outward through technology advancement. Moreover, we conduct empirical tests to demonstrate how to empirically identify an efficient frontier and estimate key model parameters. Our analytical results provide new insights for decision makers to manage and regulate green product design with engineering tradeoffs. © 1988-2012 IEEE.	en_US
dc.relation.ispartof	IEEE Transactions on Engineering Management	en_US
dc.relation.isbasedon	10.1109/TEM.2012.2212199	en_US
dc.subject.classification	Business & Management	en_US
dc.title	Green product design with engineering tradeoffs under technology efficient frontiers: Analytical results and empirical tests	en_US
dc.type	Journal Article
utslib.citation.volume	2	en_US
utslib.citation.volume	60	en_US
utslib.for	0910 Manufacturing Engineering	en_US
utslib.for	08 Information and Computing Sciences	en_US
utslib.for	09 Engineering	en_US
utslib.for	15 Commerce, Management, Tourism and Services	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Economics Discipline
utslib.copyright.status	closed_access
pubs.issue	2	en_US
pubs.publication-status	Published	en_US
pubs.volume	60	en_US

Abstract:

To implement green product design, many companies today utilize the product-line strategy to develop environment-friendly products for customers with different willingness-to-pay for the environmental attributes of a product. One major challenge in designing green products is how to deal with the engineering tradeoff between the traditional and environmental attributes along the technology efficient frontier. In this paper, we conceptualize the technology efficient frontier in green product design, and perform theoretical and empirical analyses on the design decisions under different functional forms of efficient frontiers. We develop an analytical framework for identifying the optimal designs under general forms of efficient frontiers, and propose a novel use of trigonometric functions to analyze the design decisions under the linear, concave, and convex efficient frontiers. Additionally, we analyze the average environmental qualities under different efficient frontiers and show that switching between different product-line strategies allows a firm to achieve higher average environmental quality as an alternative to pushing the efficient frontier outward through technology advancement. Moreover, we conduct empirical tests to demonstrate how to empirically identify an efficient frontier and estimate key model parameters. Our analytical results provide new insights for decision makers to manage and regulate green product design with engineering tradeoffs. © 1988-2012 IEEE.

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http://hdl.handle.net/10453/116158