A Computing Model of a PSV System for Virtual Prototyping

This paper describes a computing model of a product-service-value system (PSV-S), especially its performance and behavioral models. We have developed PSV-S concepts as an abstraction of engineering solutions and processes. In this paper, we develop a model of a practical PSV-S with an emphasis on value creation for itself as well as for four other sources. This requires exchanges among five currencies. We then model a PSV-S internal structure recursively, containing four internal PSV-Ss, and six internal currencies. Initial models for external sources are based on supply-demand curves. At the end, this paper discusses the application of the computing model for virtual prototyping of PSV-Ss. (C) 2013 The Authors. Published by Elsevier Ltd.