Product cost modeling method and system
First Claim
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1. A method for a product cost modeling system, comprising:
- establishing a product cost process model indicative of interrelationships between product costs of one or more existing products and a respective plurality of characteristic parameters of the existing products;
obtaining a set of values corresponding to a plurality of characteristic parameters of a target product from a data source; and
calculating the product cost of the target product based upon the set of values corresponding to the plurality of characteristic parameters of the target product and the product cost process model.
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Abstract
A method is provided for a product cost modeling system. The method may include establishing a product cost process model indicative of interrelationships between product costs of one or more existing products and a respective plurality of characteristic parameters of the existing products. The method may also include obtaining a set of values corresponding to a plurality of characteristic parameters of a target product from a data source and calculating the product cost of the target product based upon the set of values corresponding to the plurality of characteristic parameters of the target product and the product cost process model.
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Citations
23 Claims
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1. A method for a product cost modeling system, comprising:
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establishing a product cost process model indicative of interrelationships between product costs of one or more existing products and a respective plurality of characteristic parameters of the existing products;
obtaining a set of values corresponding to a plurality of characteristic parameters of a target product from a data source; and
calculating the product cost of the target product based upon the set of values corresponding to the plurality of characteristic parameters of the target product and the product cost process model. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A computer system, comprising:
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a database containing data records associating product costs of one or more existing products and a respective plurality of characteristic parameters of the existing products;
a data source; and
a processor configured to;
establish a product cost process model indicative of interrelationships between the product costs and the plurality of characteristic parameters of the existing products;
obtain a set of values corresponding to a plurality of characteristic parameters of a target product from the data source;
calculate the product cost of the target product based upon the set of values corresponding to the plurality of characteristic parameters of the target product and the product cost process model;
present the product cost of the target product to the data source;
determine a desired product cost range of the target product; and
modify the plurality of characteristic parameters of the target product simultaneously such that an actual product cost of the target product is within the desired product cost range. - View Dependent Claims (13, 14, 15, 16, 17)
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18. A computer-readable medium for use on a computer system configured to perform a product cost predicting procedure, the computer-readable medium having computer-executable instructions for performing a method comprising:
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establishing a product cost process model indicative of interrelationships between product costs of one or more existing products and a respective plurality of characteristic parameters of the existing products;
obtaining a set of values corresponding to a plurality of characteristic parameters of a target product from a data source;
calculating the product cost of the target product based upon the set of values corresponding to the plurality of characteristic parameters of the target product and the product cost process model; and
presenting the product cost of the target product to the data source. - View Dependent Claims (19, 20, 21, 22, 23)
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Specification