Posted by 8D Cost Trades with Entanglement
From the Journal of Cost Analysis and Parametrics: Volume 11 | Issue 1 | April 2023
Downloadable File: JCAPv11i1-8DTradeswithEntanglement-Howarth
Abstract: Many products have sizable components that comprise much of their costs. In such cases, it is crucial for the suppliers and the offerors of the ultimate products to work together to achieve common goals. It is possible to display such interactions in as few as two dimensions, and many firms might seek such answers as they are easily constructed and understood. However, as this paper demonstrates, seeking easy answers by artificially reducing the scope of the problem can lead producers astray. It is possible to get all the costs right and still sink a project. This paper proposes a construct with more dynamic elements, as it uses eight dimensions to understand how jets and their engines can work in tandem to enhance sales. This specific example generalizes to other markets.
Author: Doug Howarth discovered Hypernomics, the study of market actions across four or more dimensions. He’s written 16 peer-reviewed papers on the subject and its implications. His company, Hypernomics Inc., founded on his ideas, has worked for NASA, Virgin Galactic, Lockheed Martin, Raytheon Technologies, and Northrop Grumman. Along with two others in his company, he holds US Patent 10,402,838 for the world’s first 4D market analytic software. Wiley will publish his book, Using Hidden Dimensions to Solve Unseen Problems, later this year.