Cost assessment of a production system–A method targeting a product´ s aggregated value stream costs
Research output: Contribution to journal › Article
A production system is often complex, involving several production steps with a material flow entering and exiting at different stages throughout the value stream. This article aims to present a method giving the aggregated cost of a product in a production system, were material and components entering the value stream carrying their own capital and handling costs. The article describes an empirical study involving a production system, with high material costs and a process-oriented layout. The findings indicate that increased capacity and decrease in number of active orders enables lead-time reduction whereas decrease in costs mainly depends on operation improvements.
|Research areas and keywords||
Subject classification (UKÄ) – MANDATORY
|Number of pages||8|
|Publication status||Published - 2018|