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Cost-based pricing for learning organizations – a model presentation and demonstration

Ståhl, Jan-Eric LU ; Windmark, Christina LU and Kianian, Babak LU (2018) 8th Swedish Production Symposium 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.
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author
organization
publishing date
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 2018
conference location
Stockholm, Sweden
conference dates
2018-05-15 - 2018-05-18
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
2018-11-21 21:41:05
@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},
  keyword      = {manufacturing cost,SMEs subcontractor,Cost-based pricing,system performance,learning organisation},
  language     = {eng},
  location     = {Stockholm, Sweden},
  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},
  volume       = {25},
  year         = {2018},
}