Development of a production cost estimation framework for product family design

Jaeil Park, Timothy William Simpson

Research output: Contribution to conference › Paper

1 Scopus citations

Abstract

The main task of a product family designer is to decide the right variables and/or components to share among products to maintain economies of scale with minimum sacrifice in the performance of each product in the family. The decisions are usually based on several criteria but production cost is of primary concern. In this paper, we propose to develop a production cost estimation framework for a product family based on Activity-Based Costing (ABC) and a production information structure that includes the relationships of components within a product and its corresponding product family. The production costs are estimated by allocating a set of the production activities that are required to produce the product family to the production information structure.

Original languageEnglish (US)
Pages2353-2358
Number of pages6
StatePublished - Dec 1 2004
EventIIE Annual Conference and Exhibition 2004 - Houston, TX, United States
Duration: May 15 2004 → May 19 2004

Other

OtherIIE Annual Conference and Exhibition 2004
CountryUnited States
CityHouston, TX
Period5/15/04 → 5/19/04

All Science Journal Classification (ASJC) codes

  • Engineering(all)

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    Park, J., & Simpson, T. W. (2004). Development of a production cost estimation framework for product family design. 2353-2358. Paper presented at IIE Annual Conference and Exhibition 2004, Houston, TX, United States.