Please use this identifier to cite or link to this item:
https://rda.sliit.lk/handle/123456789/750
Title: | A Cost Model for Evaluating Component Standardisation: A Case Study |
Authors: | Nagarur, N. N Perera, H. S. C Tabucanon, M. T |
Keywords: | Evaluating Component Standardisation Cost Model Case Study |
Issue Date: | 2000 |
Publisher: | O. P. A |
Series/Report no.: | Engineering Valuation and Cost Analysis;Vol 3 Pages 9-25 |
Abstract: | As manufacturing industry tries to grapple the oftenconflicting objectives of increasing product variety and reducing the production costs, one of the strategies oft contemplated is component standardization or using common components. However, developing and using standard components may sometimes push the overall costs actually higher. This paper proposes an evaluation model for decision making in the context of component standardization. First, it discusses various types of costs to be considered for selecting desired components. Then the paper presents a specific case study in which some purchasing parts are considered for standardization. An evaluation model is developed for the relevant costs of the case. The solution and sensitivity analysis are presented and discussed. |
URI: | http://localhost:80/handle/123456789/750 |
Appears in Collections: | Research Papers - Department of Mechanical Engineering Research Papers - Open Access Research Research Papers - SLIIT Staff Publications |
Files in This Item:
File | Description | Size | Format | |
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CostModel.pdf | 2.53 MB | Adobe PDF | View/Open |
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