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Preproduction of Advanced Products with High Technical and Economic Characteristics

Andrey Tyulin and Alexander Chursin
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Andrey Tyulin: RUDN University
Alexander Chursin: RUDN University

Chapter Chapter 7 in The New Economy of the Product Life Cycle, 2020, pp 231-274 from Springer

Abstract: Abstract A product’s digital twin helps solve quite a number of life cycle cost optimization problems, as described above. Meanwhile, there is a concept of digital twin of a process, a virtual prototype of a whole set of production equipment, which can be used for modernizing process implementation options. Primarily, a digital twin of an industry solves cost optimization problems at some life cycle stages, which include preproduction and production itself.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-37814-1_7

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DOI: 10.1007/978-3-030-37814-1_7

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