Economic analysis in product design—A case study of a TCM dietary supplement

Yuen Shan Cheng; Ka Yip Fung; Ka Ming Ng; Christianto Wibowo

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Economic analysis in product design—A case study of a TCM dietary supplement

第25届中国过程控制会议专栏 | Updated：2026-01-06

- Economic analysis in product design—A case study of a TCM dietary supplement
- Chinese Journal of Chemical Engineering Vol. 24, Issue 1, Pages: 202-214(2016)
- Affiliations：
  
  2 ClearWaterBay Technology, Inc., 4000 W. Valley Blvd. Suite 100, Pomona,CA,USA,91789
- Author bio：
- Funds：
- DOI：
  CLC：
- Published：2016
- Accepted：
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Yuen Shan Cheng, Ka Yip Fung, Ka Ming Ng, Christianto Wibowo. Economic analysis in product design—A case study of a TCM dietary supplement[J]. Chin.J.Chem.Eng., 2016, 24(1): 202-214.
DOI：

Yuen Shan Cheng, Ka Yip Fung, Ka Ming Ng, Christianto Wibowo. Economic analysis in product design—A case study of a TCM dietary supplement[J]. Chin.J.Chem.Eng., 2016, 24(1): 202-214. DOI：

摘要

Abstract

An approach for the economic analysis of chemical product design is proposed. It takes into account of customers' preference on product quality and economic considerations such as pricing

profit

market share

capital investment

and operating cost. The activities needed to support business decision making-identifying product quality

estimating product cost

calculating financial metrics

and performing make-buy analysis-are discussed. The design of a Ganoderma lucidum dietary supplement

a traditional Chinesemedicinal (TCM) product

is used to illustrate all the activities in this approach.

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