Industrial research centres have a requirement to deliver new products, technologies and processes which can be applied in manufacturing environments. The dynamic nature of these centres has attracted a growing need from industry for value-focussed decision based systems to be in place that include accurate and reliable cost estimation techniques. A holistic solution which is able to manage the dynamic and complex nature of knowledge within these environments is required. This paper offers the potential to provide a solution for a value-focussed cost estimation and decision framework capable of supporting technology selection within these environments.
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