Estimating the Cost of the New Product in Development Process

P r o c e d i a E n g i n e e r i n g 6 9 ( 2 0 1 4 ) 3 5 1 3 6 0 Available online at 2014 The Authors. Published by Elsevier Ltd. Open access under CC BY-NC-ND and peer-review under responsibility of DAAAM International Viennadoi: ScienceDirect24th DAAAM International Symposium on Intelligent Manufacturing and Automation, 2013 Estimating the Cost of the New Product in Development Process Piotr Chwastyka,b*, Mariusz Ko osowskia aThe School of Higher Vocational Education in Nysa, ul. Armii Krajowej 7, Nysa 48-300, Poland bThe Opole University of Technology, ul. Pr szkowska 76, Opole 45-758, Poland Abstract Development of innovative products requires companies a lot of effort.

352 Piotr Chwastyk and Mariusz Kołosowski / Procedia Engineering 69 ( 2014 ) 351 – 360 the innovation process manifested in an underestimation of the costs resulting in implementing the operational goals or overestimating the costs which can lead to resigning from implementing the …

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