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4 Excel Functions to Assist with New Product Development

Function Computes
ECV (Expected Commercial Value) Expected commercial value of a new product based on the probability of technical and commercial success.
Simple NPD Index Simple method of ranking new product development projects.
NPD Productivity Index Index (Productivity Index) used in new product development to rank projects.  Considers the expected NPV (Net Present Value) based on probability estimates of various scenarios, the probability of technical success, and the remaining R&D needed to produce the product.
R&D Effectiveness Index Aggregate measure of a company's R&D effectiveness.

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