CPR a general Cost Performance Ratio in Manufacturing - A KPI for judgement of different technologies and development scenarios
Reads0
Chats0
TLDR
The presented model determines the production performance with respect to the actual cost for each factor involved, and the CPR relationship sets the cost of a given factor in relation to its production performance.About:
This article is published in Procedia CIRP.The article was published on 2018-06-27 and is currently open access. It has received 6 citations till now. The article focuses on the topics: Production engineering.read more
Citations
More filters
Journal ArticleDOI
Comparing life cycle costing and performance part costing in assessing acquisition and operational cost of new manufacturing technologies
TL;DR: This paper reviews and compares the practical use of Life Cycle Costing with a performance part costing (PPC) model, chosen based upon the criteria of providing in-depth analysis capabilities and the prospect of integrating cost and sustainability assessment.
Journal ArticleDOI
Development of a New KPI for the Economic Quantification of Six Big Losses and Its Implementation in a Cyber Physical System
TL;DR: This research quantifies economically the Six Big Losses, enhances the detection of the bigger ones to improve them, and enlightens the importance of paying attention to different dimensions, mainly, the productive, sustainable, and economic at the same time.
Proceedings Article
Economic Perspective on Algorithm Selection for Predictive Maintenance
TL;DR: This work compares the prediction performance of three types of algorithms from an economic perspective and shows that the translation of statistical measures into a single cost-based objective function allows optimizing the individual algorithm parametrization as well as the un-ambiguous comparison among algorithms.
Dissertation
Tool Life and Cutting Data Modelling in Metal Cutting : Testing, Modelling and Cost Performance
TL;DR: This research aims to investigate how one should model tool life for varying cutting data and presents a methodology based on a combination of tool life models and cost modelling as decision support for the selection of tools, workpiece material and process parameters.
DissertationDOI
Conceptualization of Digital Opportunities for Incumbents
TL;DR: In this article, a taxonomy of business-to-thing (B2T) interaction patterns is proposed, which accounts for smart things that transform the relationship a firm has with its products and customers.
References
More filters
Journal ArticleDOI
A cost model for the evaluation of alternative cellular manufacturing configurations
TL;DR: In this paper, the authors describe the use of a cost model to aid a design team in selecting a configuration of parts and machines for manufacturing cells, given a set of solutions ranging from a pure job shop to a pure cellular configuration.
Journal ArticleDOI
Manufacturing cost estimation: A multivariate learning curve approach
TL;DR: In this paper, an analytic framework for extending univariate learning curves (manufacturing progress functions) to multivariate models is introduced, to account for the multitude of factors that can influence learning in manufacturing operations.
Book ChapterDOI
A Note on the Importance of Product Costs in Decision-Making
TL;DR: The importance of product costs in decision-making in continuous production process manufacturing has been investigated in this article, showing that product costs are at least important in selling price, make-or-buy, cost reduction, product design, evaluating new production process and product discontinuation decisions.
Related Papers (5)
Evaluation Improvement of Production Productivity Performance using Statistical Process Control, Overall Equipment Efficiency, and Autonomous Maintenance
On the complexity of using performance measures: Enhancing sustained production improvement capability by combining OEE and productivity
Carin Andersson,Monica Bellgran +1 more