Cost-based pricing for learning organizations – a model presentation and demonstration
(2018) 8th Swedish Production Symposium, SPS 2018 In Procedia Manufacturing 25. p.239-246- Abstract
- A price can be set in different ways for a manufactured component, most commonly based on estimated manufacturing costs, market intelligence, and market adopted pricing or customer value. Pricing is one of the key factors when selecting subcontractors in the manufacturing sector. As a subcontractor, there are certain risks connected with pricing of a product, too low pricing leads to losses, whereas too high pricing can result in failure to receive orders. A model for cost-based pricing is developed and presented based on a cost-breakdown approach. Data from industry is used for both model demonstration and analyses of data accuracy.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/266c545b-acdf-4e73-b359-753254e5074f
- author
- Ståhl, Jan-Eric LU ; Windmark, Christina LU and Kianian, Babak LU
- organization
- publishing date
- 2018-07-25
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- manufacturing cost, SMEs subcontractor, Cost-based pricing, system performance, learning organisation
- in
- Procedia Manufacturing
- volume
- 25
- pages
- 6 pages
- publisher
- Elsevier
- conference name
- 8th Swedish Production Symposium, SPS 2018
- conference location
- Stockholm, Sweden
- conference dates
- 2018-05-16 - 2018-05-18
- external identifiers
-
- scopus:85065675218
- ISSN
- 2351-9789
- DOI
- 10.1016/j.promfg.2018.06.079
- language
- English
- LU publication?
- yes
- id
- 266c545b-acdf-4e73-b359-753254e5074f
- date added to LUP
- 2018-08-10 09:04:35
- date last changed
- 2022-04-02 01:31:27
@article{266c545b-acdf-4e73-b359-753254e5074f, abstract = {{A price can be set in different ways for a manufactured component, most commonly based on estimated manufacturing costs, market intelligence, and market adopted pricing or customer value. Pricing is one of the key factors when selecting subcontractors in the manufacturing sector. As a subcontractor, there are certain risks connected with pricing of a product, too low pricing leads to losses, whereas too high pricing can result in failure to receive orders. A model for cost-based pricing is developed and presented based on a cost-breakdown approach. Data from industry is used for both model demonstration and analyses of data accuracy.}}, author = {{Ståhl, Jan-Eric and Windmark, Christina and Kianian, Babak}}, issn = {{2351-9789}}, keywords = {{manufacturing cost; SMEs subcontractor; Cost-based pricing; system performance; learning organisation}}, language = {{eng}}, month = {{07}}, pages = {{239--246}}, publisher = {{Elsevier}}, series = {{Procedia Manufacturing}}, title = {{Cost-based pricing for learning organizations – a model presentation and demonstration}}, url = {{http://dx.doi.org/10.1016/j.promfg.2018.06.079}}, doi = {{10.1016/j.promfg.2018.06.079}}, volume = {{25}}, year = {{2018}}, }