l14_tenko050715
TRANSCRIPT
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© Warren H. Hausman
CASE SETTING:
TENKO AUTOMOTIVE SYSTEMS
Rev. 5/15
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RECENT INNOVATIONS BENEFITSDISADVANTAGES
DFV CONCEPTS
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APPLICATION OF VVOM TO TENKO S INSTRUMENT CLUSTER:
WHAT IS VVOM?
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APPLY DFV AND VVOM TOOTHER PRODUCTS:
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Old Way:
Customers complete one-dimensionalsurveys: XXX is very important,
somewhat important, etc. No informationon tradeoffs.
New Way:
Ask customers to trade off performance ontwo dimensions. Explicit information ontradeoffs.
Conjoint Analysis
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Conjoint Analysis Example
Speed vs Cost:
1 hour 1 day 1 week
$5
$10
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Automobile Importance Weights
242 executives completed tradeoff tables on 16pairs of the following attributes:
1.Price
2.Features
3.Safety
4.Performance
5.Reliability
6.Warranty7.Fuel Economy
8.Flexibility of Feature Choice
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Automobile Importance Weights
Price: .28
Features: .14
Safety: .13
Performance: .13Reliability: .11
Warranty: .09
Fuel Economy: .06
Flexibility of
Feature Choice: .06
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DESIGN FOR VARIETY CONCEPTS
VARIETY VOICE OF THE MARKET (VVOM)
SUMMARY