An activity-based costing method to support product family design

Research output: Chapter in Book/Report/Conference proceedingChapter

6 Citations (Scopus)

Abstract

As companies are being challenged to produce a wider variety of products to satisfy customers that have different needs while maintaining competitive prices, platform-based product family development has become a cost-effective method for reducing production costs (Roberson and Ulrich, 1998). In general, production costs are generated by production activities ranging from purchasing raw materials to distributing finished products, and those activities consume direct and indirect resources (Horngren, et al., 2000). These costs are identified and collected through management accounting systems that companies have developed for accounting purposes and used to estimate the production costs of existing products. However, many management accounting systems are incapable of providing the necessary information to support platform-based product development because many companies have developed their own accounting systems to help them remain profitable and eliminate unnecessary costs in production. In many cases, the primary objective of management accounting systems is to support management to control overall equipment efficiency (OEE) and keep it as high as possible.

Original languageEnglish (US)
Title of host publicationProduct Platform and Product Family Design
Subtitle of host publicationMethods and Applications
PublisherSpringer US
Pages335-358
Number of pages24
ISBN (Print)0387257217, 9780387257211
DOIs
StatePublished - Dec 1 2006

Fingerprint

Costs
Industry
Control equipment
Purchasing
Product development
Raw materials

All Science Journal Classification (ASJC) codes

  • Engineering(all)

Cite this

Park, J., & Simpson, T. W. (2006). An activity-based costing method to support product family design. In Product Platform and Product Family Design: Methods and Applications (pp. 335-358). Springer US. https://doi.org/10.1007/0-387-29197-0_14
Park, Jaeil ; Simpson, Timothy William. / An activity-based costing method to support product family design. Product Platform and Product Family Design: Methods and Applications. Springer US, 2006. pp. 335-358
@inbook{c8432abe88a245cf927d24cbbe5cb8a0,
title = "An activity-based costing method to support product family design",
abstract = "As companies are being challenged to produce a wider variety of products to satisfy customers that have different needs while maintaining competitive prices, platform-based product family development has become a cost-effective method for reducing production costs (Roberson and Ulrich, 1998). In general, production costs are generated by production activities ranging from purchasing raw materials to distributing finished products, and those activities consume direct and indirect resources (Horngren, et al., 2000). These costs are identified and collected through management accounting systems that companies have developed for accounting purposes and used to estimate the production costs of existing products. However, many management accounting systems are incapable of providing the necessary information to support platform-based product development because many companies have developed their own accounting systems to help them remain profitable and eliminate unnecessary costs in production. In many cases, the primary objective of management accounting systems is to support management to control overall equipment efficiency (OEE) and keep it as high as possible.",
author = "Jaeil Park and Simpson, {Timothy William}",
year = "2006",
month = "12",
day = "1",
doi = "10.1007/0-387-29197-0_14",
language = "English (US)",
isbn = "0387257217",
pages = "335--358",
booktitle = "Product Platform and Product Family Design",
publisher = "Springer US",
address = "United States",

}

Park, J & Simpson, TW 2006, An activity-based costing method to support product family design. in Product Platform and Product Family Design: Methods and Applications. Springer US, pp. 335-358. https://doi.org/10.1007/0-387-29197-0_14

An activity-based costing method to support product family design. / Park, Jaeil; Simpson, Timothy William.

Product Platform and Product Family Design: Methods and Applications. Springer US, 2006. p. 335-358.

Research output: Chapter in Book/Report/Conference proceedingChapter

TY - CHAP

T1 - An activity-based costing method to support product family design

AU - Park, Jaeil

AU - Simpson, Timothy William

PY - 2006/12/1

Y1 - 2006/12/1

N2 - As companies are being challenged to produce a wider variety of products to satisfy customers that have different needs while maintaining competitive prices, platform-based product family development has become a cost-effective method for reducing production costs (Roberson and Ulrich, 1998). In general, production costs are generated by production activities ranging from purchasing raw materials to distributing finished products, and those activities consume direct and indirect resources (Horngren, et al., 2000). These costs are identified and collected through management accounting systems that companies have developed for accounting purposes and used to estimate the production costs of existing products. However, many management accounting systems are incapable of providing the necessary information to support platform-based product development because many companies have developed their own accounting systems to help them remain profitable and eliminate unnecessary costs in production. In many cases, the primary objective of management accounting systems is to support management to control overall equipment efficiency (OEE) and keep it as high as possible.

AB - As companies are being challenged to produce a wider variety of products to satisfy customers that have different needs while maintaining competitive prices, platform-based product family development has become a cost-effective method for reducing production costs (Roberson and Ulrich, 1998). In general, production costs are generated by production activities ranging from purchasing raw materials to distributing finished products, and those activities consume direct and indirect resources (Horngren, et al., 2000). These costs are identified and collected through management accounting systems that companies have developed for accounting purposes and used to estimate the production costs of existing products. However, many management accounting systems are incapable of providing the necessary information to support platform-based product development because many companies have developed their own accounting systems to help them remain profitable and eliminate unnecessary costs in production. In many cases, the primary objective of management accounting systems is to support management to control overall equipment efficiency (OEE) and keep it as high as possible.

UR - http://www.scopus.com/inward/record.url?scp=70449652784&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=70449652784&partnerID=8YFLogxK

U2 - 10.1007/0-387-29197-0_14

DO - 10.1007/0-387-29197-0_14

M3 - Chapter

SN - 0387257217

SN - 9780387257211

SP - 335

EP - 358

BT - Product Platform and Product Family Design

PB - Springer US

ER -

Park J, Simpson TW. An activity-based costing method to support product family design. In Product Platform and Product Family Design: Methods and Applications. Springer US. 2006. p. 335-358 https://doi.org/10.1007/0-387-29197-0_14