2013
DOI: 10.1016/j.ijpe.2012.09.020
|View full text |Cite
|
Sign up to set email alerts
|

An activity-based-parametric hybrid cost model to estimate the unit cost of a novel gas turbine component

Abstract: The first tool presented in this paper is a generic factory cost model that can estimate various costs at multiple levels of any manufacturing plant. The model is activity-based which means that the cost of each manufacturing operation is calculated and then summed up so that the true £-per-hour factory cost rate as well as the exact unit cost (i.e. manufacturing cost) of an unlimited number of different components can be estimated.The second tool is a scalable cost model that estimates the unit cost of future… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
15
0

Year Published

2015
2015
2021
2021

Publication Types

Select...
6
2
1

Relationship

0
9

Authors

Journals

citations
Cited by 42 publications
(15 citation statements)
references
References 19 publications
(66 reference statements)
0
15
0
Order By: Relevance
“…Kayak STEP files for three different designs (that represented the designs with lowest, average and highest volume) were sent to a local AM provider used to perform AM process simulations in a AM software, ABB Robot Studio®. The data received from the AM simulations were then used to generate scaling rules (Langmaak et al, 2013), to provide input data for the cost model (Rickenbacher et al, 2013) and the carbon dioxide model (le Bourhis et al, 2014). One example of such scaling rules is the relationship between the print volume (from CAD file) and build time.…”
Section: Link Design Configurations To Am Process Simulationsmentioning
confidence: 99%
“…Kayak STEP files for three different designs (that represented the designs with lowest, average and highest volume) were sent to a local AM provider used to perform AM process simulations in a AM software, ABB Robot Studio®. The data received from the AM simulations were then used to generate scaling rules (Langmaak et al, 2013), to provide input data for the cost model (Rickenbacher et al, 2013) and the carbon dioxide model (le Bourhis et al, 2014). One example of such scaling rules is the relationship between the print volume (from CAD file) and build time.…”
Section: Link Design Configurations To Am Process Simulationsmentioning
confidence: 99%
“…The major disadvantage of this method is that it requires re-modelling, whenever any change in the manufacturing process takes place. Langmaak et al [35] presented a hybrid approach through the interaction between an activity-based cost model and a parametric scalable cost model, depending on the number of units produced, the geometry and other design variables, the operation times used for cost estimation are scaled.…”
Section: Acquisition Costmentioning
confidence: 99%
“…They were also used in conjunction with bio-economic modelling to study production strategies and the use of soil nutrient resources [126], and with AHP and a fuzzy set based approach in the nuclear spent fuel management [127]. Value functions were combined with utility modelling, eliciting values (through linear value functions) 35 at lower-levels of the objectives hierarchy and assessing risk attitudes at higher levels [128].…”
Section: Multi-attribute Utility Theorymentioning
confidence: 99%
“…It is generally accepted throughout the literature that activity based life-cycle costing (AB-LCC) is the superior method of conducting LCCs, as it is based on the physics, operations, operating environment, and business processes of the equipment. However, AB-LCC only become achieved prominence in the 21 st century because of the effort and intricacy of maintaining AB-LCC analyses ( [1], [3], [6], [7], [8], [9], [10], [11]). …”
Section: Life-cycle Cost Minimisation To Determine the Optimum Replacmentioning
confidence: 99%