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Monte Carlo Simulations of Production Costs in Discrete Part Manufacturing

Spang, Kathrine LU ; Windmark, Christina LU and Ståhl, Jan-Eric LU (2014) Swedish Production Symposium, 2014
Abstract
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.
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Swedish Production Symposium, 2014
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English
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yes
id
e45de269-c8f6-4a38-8740-3c12058cff9e (old id 8045792)
alternative location
http://conferences.chalmers.se/index.php/SPS/SPS14/paper/viewFile/1774/446
date added to LUP
2015-10-13 11:19:32
date last changed
2016-11-21 15:54:41
@misc{e45de269-c8f6-4a38-8740-3c12058cff9e,
  abstract     = {When calculating the production costs input data can vary considerably in<br/>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.<br/>},
  author       = {Spang, Kathrine and Windmark, Christina and Ståhl, Jan-Eric},
  language     = {eng},
  title        = {Monte Carlo Simulations of Production Costs in Discrete Part Manufacturing},
  year         = {2014},
}