A product steering committee has been charged with prioritizing features for a new product. Unfortunately there is no consensus. This describes a technique for reaching a group consensus on priorities.
Purchasing cooperatives have become an essential tool for many businesses and organizations. Purchasing cooperatives help members improve their competitiveness, and leverage their combined purchasing volumes into savings and efficiencies. In this four-part educational series, co-op developers will learn the strategies and the development process for starting a purchasing cooperative.
Attendees will learn how to:
Recognize the benefits of purchasing cooperatives
Define the types of cooperative purchasing
Define key factors in the feasibility of purchasing
cooperatives
Understand major steps in starting a purchasing cooperative
Part IV: Starting a Purchasing Cooperative
Major steps in starting a purchasing co-op
Technology strategy
Product Recommendations Enhanced with Reviewsmaranlar
Tutorial presented by Muthusamy Chelliah (Flipkart, India) and Sudeshna Sarkar (IIT Kharagpur, India) at ACM RecSys 2017 https://recsys.acm.org/recsys17/tutorials/#content-tab-1-3-tab
E-commerce websites commonly deploy recommender systems that make use of user activity (e.g., ratings, views, and purchases) or content (product descriptions). These recommender systems can benefit enormously by also exploiting the information contained in customer reviews. Reviews capture the experience of multiple customers with diverse preferences, often on the fine-grained level of specific features of products. Reviews can also identify consumers’ preferences for product features and provide helpful explanations. The usefulness of reviews is evidenced by the prevalence of their use by customers to support shopping decisions online. With the appropriate techniques, recommender systems can benefit directly from user reviews.
This tutorial will present a range of techniques that allow recommender systems in e-commerce websites to take full advantage of reviews. Topics covered include text mining methods for feature-specific sentiment analysis of products, topic models and distributed representations that bridge the vocabulary gap between user reviews and product descriptions, and recommender algorithms that use review information to address the cold-start problem.
The tutorial sessions will be interspersed with examples from an online marketplace (i.e., Flipkart) and experience with using data mining and Natural Language Processing techniques (e.g., matrix factorization, LDA, word embeddings) from Web-scale systems.
Focus Groups and Surveys in New Product DevelopmentJennifer Flagg
This presentation explores the role of consumer focus groups and surveys in new product development and provides a basic methodology for their administration. Focus group structure along with purposive sampling, recruitment screens, and state of the art product and feature demonstrations and their role in Concept Definition focus groups are discussed. Techniques for constructing survey questions, survey response formats, and a comparison of survey response structures are addressed. Use of primary market research tools allows product developers to obtain specific design function and features directly from the product’s targeted end users for products under development.
Purchasing cooperatives have become an essential tool for many businesses and organizations. Purchasing cooperatives help members improve their competitiveness, and leverage their combined purchasing volumes into savings and efficiencies. In this four-part educational series, co-op developers will learn the strategies and the development process for starting a purchasing cooperative.
Attendees will learn how to:
Recognize the benefits of purchasing cooperatives
Define the types of cooperative purchasing
Define key factors in the feasibility of purchasing
cooperatives
Understand major steps in starting a purchasing cooperative
Part IV: Starting a Purchasing Cooperative
Major steps in starting a purchasing co-op
Technology strategy
Product Recommendations Enhanced with Reviewsmaranlar
Tutorial presented by Muthusamy Chelliah (Flipkart, India) and Sudeshna Sarkar (IIT Kharagpur, India) at ACM RecSys 2017 https://recsys.acm.org/recsys17/tutorials/#content-tab-1-3-tab
E-commerce websites commonly deploy recommender systems that make use of user activity (e.g., ratings, views, and purchases) or content (product descriptions). These recommender systems can benefit enormously by also exploiting the information contained in customer reviews. Reviews capture the experience of multiple customers with diverse preferences, often on the fine-grained level of specific features of products. Reviews can also identify consumers’ preferences for product features and provide helpful explanations. The usefulness of reviews is evidenced by the prevalence of their use by customers to support shopping decisions online. With the appropriate techniques, recommender systems can benefit directly from user reviews.
This tutorial will present a range of techniques that allow recommender systems in e-commerce websites to take full advantage of reviews. Topics covered include text mining methods for feature-specific sentiment analysis of products, topic models and distributed representations that bridge the vocabulary gap between user reviews and product descriptions, and recommender algorithms that use review information to address the cold-start problem.
The tutorial sessions will be interspersed with examples from an online marketplace (i.e., Flipkart) and experience with using data mining and Natural Language Processing techniques (e.g., matrix factorization, LDA, word embeddings) from Web-scale systems.
Focus Groups and Surveys in New Product DevelopmentJennifer Flagg
This presentation explores the role of consumer focus groups and surveys in new product development and provides a basic methodology for their administration. Focus group structure along with purposive sampling, recruitment screens, and state of the art product and feature demonstrations and their role in Concept Definition focus groups are discussed. Techniques for constructing survey questions, survey response formats, and a comparison of survey response structures are addressed. Use of primary market research tools allows product developers to obtain specific design function and features directly from the product’s targeted end users for products under development.
There are dozens of feature prioritization strategies, some very simple, others very complex, some very generic, others very specific. What follows are six that I found most useful for what I have encountered.
This an infographic about the buying cycle which shows how customers buy something and ultimately, it starts from unware and end by advocating. If you know customer behavior so you can make leverage to motivate customers for going forward.
Competitive Intelligence on a Shoestring Budget (July 2013 Product Camp Austin)dougfierro
This is the material that was presented for session OA-1110 , "Competitive Intelligence on a Shoestring Budget", at Product Camp Austin July 20th 2013.
Necessary Elements of Digital Marketing to Grow Your BusinessDigital Vidya
Care about how to leverage 'Necessary Elements of Digital Marketing to Grow Your Business'. You will find this deck presented by the industry expert Srihari Palangala, Director and Head of Marketing at EMC during Webinar for Digital Vidya. Interested in attending similar Webinar Live? Register Now at http://www.digitalvidya.com/webinars/
If you want to start a business and you don't have money, here's a FREE guide to help you set up and a free list of online resources. Start your business with $0. How to start a business is covered in this pdf. You'll find a free business software and free business resources. Start your online business no excuses!
There are dozens of feature prioritization strategies, some very simple, others very complex, some very generic, others very specific. What follows are six that I found most useful for what I have encountered.
This an infographic about the buying cycle which shows how customers buy something and ultimately, it starts from unware and end by advocating. If you know customer behavior so you can make leverage to motivate customers for going forward.
Competitive Intelligence on a Shoestring Budget (July 2013 Product Camp Austin)dougfierro
This is the material that was presented for session OA-1110 , "Competitive Intelligence on a Shoestring Budget", at Product Camp Austin July 20th 2013.
Necessary Elements of Digital Marketing to Grow Your BusinessDigital Vidya
Care about how to leverage 'Necessary Elements of Digital Marketing to Grow Your Business'. You will find this deck presented by the industry expert Srihari Palangala, Director and Head of Marketing at EMC during Webinar for Digital Vidya. Interested in attending similar Webinar Live? Register Now at http://www.digitalvidya.com/webinars/
If you want to start a business and you don't have money, here's a FREE guide to help you set up and a free list of online resources. Start your business with $0. How to start a business is covered in this pdf. You'll find a free business software and free business resources. Start your online business no excuses!
Final project report on grocery store management system..pdfKamal Acharya
In today’s fast-changing business environment, it’s extremely important to be able to respond to client needs in the most effective and timely manner. If your customers wish to see your business online and have instant access to your products or services.
Online Grocery Store is an e-commerce website, which retails various grocery products. This project allows viewing various products available enables registered users to purchase desired products instantly using Paytm, UPI payment processor (Instant Pay) and also can place order by using Cash on Delivery (Pay Later) option. This project provides an easy access to Administrators and Managers to view orders placed using Pay Later and Instant Pay options.
In order to develop an e-commerce website, a number of Technologies must be studied and understood. These include multi-tiered architecture, server and client-side scripting techniques, implementation technologies, programming language (such as PHP, HTML, CSS, JavaScript) and MySQL relational databases. This is a project with the objective to develop a basic website where a consumer is provided with a shopping cart website and also to know about the technologies used to develop such a website.
This document will discuss each of the underlying technologies to create and implement an e- commerce website.
Hierarchical Digital Twin of a Naval Power SystemKerry Sado
A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
Explore the innovative world of trenchless pipe repair with our comprehensive guide, "The Benefits and Techniques of Trenchless Pipe Repair." This document delves into the modern methods of repairing underground pipes without the need for extensive excavation, highlighting the numerous advantages and the latest techniques used in the industry.
Learn about the cost savings, reduced environmental impact, and minimal disruption associated with trenchless technology. Discover detailed explanations of popular techniques such as pipe bursting, cured-in-place pipe (CIPP) lining, and directional drilling. Understand how these methods can be applied to various types of infrastructure, from residential plumbing to large-scale municipal systems.
Ideal for homeowners, contractors, engineers, and anyone interested in modern plumbing solutions, this guide provides valuable insights into why trenchless pipe repair is becoming the preferred choice for pipe rehabilitation. Stay informed about the latest advancements and best practices in the field.
Saudi Arabia stands as a titan in the global energy landscape, renowned for its abundant oil and gas resources. It's the largest exporter of petroleum and holds some of the world's most significant reserves. Let's delve into the top 10 oil and gas projects shaping Saudi Arabia's energy future in 2024.
NO1 Uk best vashikaran specialist in delhi vashikaran baba near me online vas...Amil Baba Dawood bangali
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Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
Overview of the fundamental roles in Hydropower generation and the components involved in wider Electrical Engineering.
This paper presents the design and construction of hydroelectric dams from the hydrologist’s survey of the valley before construction, all aspects and involved disciplines, fluid dynamics, structural engineering, generation and mains frequency regulation to the very transmission of power through the network in the United Kingdom.
Author: Robbie Edward Sayers
Collaborators and co editors: Charlie Sims and Connor Healey.
(C) 2024 Robbie E. Sayers
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxR&R Consult
CFD analysis is incredibly effective at solving mysteries and improving the performance of complex systems!
Here's a great example: At a large natural gas-fired power plant, where they use waste heat to generate steam and energy, they were puzzled that their boiler wasn't producing as much steam as expected.
R&R and Tetra Engineering Group Inc. were asked to solve the issue with reduced steam production.
An inspection had shown that a significant amount of hot flue gas was bypassing the boiler tubes, where the heat was supposed to be transferred.
R&R Consult conducted a CFD analysis, which revealed that 6.3% of the flue gas was bypassing the boiler tubes without transferring heat. The analysis also showed that the flue gas was instead being directed along the sides of the boiler and between the modules that were supposed to capture the heat. This was the cause of the reduced performance.
Based on our results, Tetra Engineering installed covering plates to reduce the bypass flow. This improved the boiler's performance and increased electricity production.
It is always satisfying when we can help solve complex challenges like this. Do your systems also need a check-up or optimization? Give us a call!
Work done in cooperation with James Malloy and David Moelling from Tetra Engineering.
More examples of our work https://www.r-r-consult.dk/en/cases-en/
Sachpazis:Terzaghi Bearing Capacity Estimation in simple terms with Calculati...Dr.Costas Sachpazis
Terzaghi's soil bearing capacity theory, developed by Karl Terzaghi, is a fundamental principle in geotechnical engineering used to determine the bearing capacity of shallow foundations. This theory provides a method to calculate the ultimate bearing capacity of soil, which is the maximum load per unit area that the soil can support without undergoing shear failure. The Calculation HTML Code included.
Water scarcity is the lack of fresh water resources to meet the standard water demand. There are two type of water scarcity. One is physical. The other is economic water scarcity.
2. Problem
• A Steering Committee has been
created by your customer to
oversee the creation of a new
product.
• The Business Analysts have identified a list of
features for the product.
– Too many features to implement in a single project.
• We need to determine the order in which
features will be implemented and delivered.
– This requires input from the Steering Committee
3. Challenge
• Ensure that everyone’s
opinion is taken into
account.
• Make the ranking process
quick, easy and enjoyable.
• Assist the Steering Committee in reaching
consensus on the relative priority of the
product’s features.
4. Feature Shopping
-Overview-
• Each Steering Committee member is given a fixed
number of feature bucks.
– For example: A feature buck for each feature.
• Steering Committee members use their feature
bucks to buy product features.
– Participants buy features based on their own
perspective of the feature’s value.
• After all participants have spent their
bucks the total spent for each feature is
calculated.
• Features are sorted in descending order
by value.
5. Feature Shopping
-Steps-
• Step 1:
– Documentation is provided to Steering Committee members that
describe the features.
– Opportunity for discussion is provided to ensure that everyone has a
reasonably similar understanding of the feature.
• Step 2:
– Each participant is given a fixed number of feature bucks
to spend.
– Play money can be used if this is being done in a
workshop setting.
6. Feature Shopping
-Steps-
• Step 3:
– Participants spend their feature bucks with as little discussion or
negotiation as possible.
– Everyone must spend all their bucks.
– Spreading the bucks evenly across all features is equivalent to not
participating and must be strongly discouraged.
• Step 4:
– Calculate the total spent on each feature.
– Sort the feature list by the total number of bucks spent.
– Distribute the sorted feature list to participants.
– Discuss and socialize the exercise results.
7. Feature Shopping
-Options-
• The number of feature bucks does not necessarily
need to be tied to the number of features.
• It may be desirable to provide participants with their
feature bucks in denominations.
– This forces participants to spend their bucks unevenly.
• The number of feature bucks given to each
participant may be varied based on political realities.
– For example: The “boss” may be given more bucks than
anyone else.
• Anonymity may be desirable in some organizations.
8. Feature Shopping
-Options-
• Multiple shopping rounds may be necessary when:
– There are large numbers of features to be prioritized.
• It may be desirable to use the technique for feature categories, initially.
– The results from the first round are not ideal.
• A subsequent round can be conducted on a narrower, more focused list.
• Feature shopping can be repeated subsequent to a
release.
– Address new features and changing priorities.
Editor's Notes
Order of delivery may be influenced (perhaps strongly) by dependencies between features. However,
Who makes up the steering committee?
Representatives from different functional areas.
Individuals with different personal agendas.
Individuals with varying amounts of political clout.
Loud mouths and blowhards.
Wall flowers and shrinking violets
Bullies and those easily intimidated.
Typical Approach
Establish a numerical priority ranking and assign features to the ranking
Typical response: Everything is a #1
Numerical priorities are abstract and difficult to use.