Monte Carlo Simulations of Production Costs in Discrete Part Manufacturing
Author
Summary, in English
When calculating the production costs input data can vary considerably in
quality between different cases. When costs pertain from products, which are already in production, complete and reliable data may already be available. For new products, new production systems or new production technology it might be hard to find applicable and reliable data. The cost and performance parameters needed can then be achieved by examining similar products or processes, these parameters will inevitably differ from the new case. The aim of this paper is to try to Monte Carlo simulate production costs, with less reliable data.
quality between different cases. When costs pertain from products, which are already in production, complete and reliable data may already be available. For new products, new production systems or new production technology it might be hard to find applicable and reliable data. The cost and performance parameters needed can then be achieved by examining similar products or processes, these parameters will inevitably differ from the new case. The aim of this paper is to try to Monte Carlo simulate production costs, with less reliable data.
Publishing year
2014
Language
English
Links
Document type
Conference paper
Topic
- Production Engineering, Human Work Science and Ergonomics
Conference name
Swedish Production Symposium, 2014
Conference date
2014-09-16 - 2014-09-18
Conference place
Gothenburg, Sweden
Status
Published