Manufacturing cost-estimating system using activity-based costing

Yung Nien Yang, Hamid Parsaei, Herman R. Leep, Julius P. Wong

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

This paper reports research regarding integrating information from process planning, scheduling, and cost accounting to generate a cost-estimating system. First, for an accurate manufacturing cost-estimating system, a customer order needs translation into manufacturing activity information so that the estimated cost can be calculated based on these activities. Second, to ensure accurate estimated cost, the manufacturing activity information should represent valid and executable activities. Third, to develop accurate estimates, cost computations should be based on detailed cost-accounting information encompassing product variety and process environment. Based on these principles, a framework for such a system is presented in which feature recognition and process generation techniques transfer design information into manufacturing features, and then generate process plans. The framework is implemented as a prototype; an illustrative example is provided.

Original languageEnglish
Pages (from-to)223-243
Number of pages21
JournalInternational Journal of Flexible Automation and Integrated Manufacturing
Volume6
Issue number3
Publication statusPublished - 1998
Externally publishedYes

Fingerprint

Cost estimating
Cost accounting
Costs
Process planning
Scheduling
Activity-based costing
Manufacturing cost
Manufacturing

ASJC Scopus subject areas

  • Management of Technology and Innovation

Cite this

Manufacturing cost-estimating system using activity-based costing. / Yang, Yung Nien; Parsaei, Hamid; Leep, Herman R.; Wong, Julius P.

In: International Journal of Flexible Automation and Integrated Manufacturing, Vol. 6, No. 3, 1998, p. 223-243.

Research output: Contribution to journalArticle

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