Value analysis as a decision support tool in cruise ship design

Romano, Pietro; Formentini, Marco; Bandera, Camillo; Tomasella, Marco

doi:10.1080/00207540903352686

Cited by 21 publications

(13 citation statements)

References 13 publications

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“…In the past, the monitoring of value creation and technical efficiency was an adequate proxy for economic and environmental performance. The definition of value as 'what buyers are willing to pay' (Porter and Kramer 1985) also has the environmental effect of minimising waste and use of non-essential resources (Romano et al 2010). Nowadays, the technical performance of a manufacturing system tightly intertwines techno-economic-environmental performance and value creation, and the methods focus specifically on a subset of them at a time.…”

Section: Literature Reviewmentioning

confidence: 99%

Technical, economic, and environmental performance assessment of manufacturing systems: The Multi-layer Enterprise Input-Output formalisation method

Castiglione¹,

Pastore²,

Alfieri³

2021

Preprint

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In production planning and control, assessing the performance of a manufacturing system is a multi-dimensional problem, in which neglected dimensions may lead to hidden inefficiencies and missed opportunities for gaining a competitive advantage. This paper proposes a data formalisation method to model a manufacturing system by simultaneously considering value creation and technical, economic, and environmental performance. The proposed method combines the techno-economic assessment of lean manufacturing and sustainable manufacturing with the data-driven approach, typical of Industry 4.0, to overcome the limitations of the lean approaches in addressing complex systems. The method is based on integrating Multi-layer Stream Mapping and a combination of Enterprise Input-Output and Material Flow Analysis. It also considers non-value-added activities such as transport and inventories. Pen and papers and digital approaches can simultaneously exploit the method as a shared architecture for formal data integration. The implementation of the method is shown through a numerical example based on a recycled plastic pipeline manufacturing system.

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Section: Literature Reviewmentioning

confidence: 99%

Technical, economic, and environmental performance assessment of manufacturing systems: The Multi-layer Enterprise Input-Output formalisation method

Castiglione¹,

Pastore²,

Alfieri³

2021

Preprint

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“…Several papers provide guidelines or tools for the use of value engineering (Chung, Syachrani, Jeong, & Kwak, 2009;Romano, Formentini, Bandera, & Tomasella, 2010;Wang & Che, 2008;Yoshikawa, Innes, & Mitchell, 1994) in addition to similar kind of papers already mentioned earlier that included both value engineering and target costing.…”

Section: Value Engineeringmentioning

confidence: 99%

Methods for Cost Management during Product Development: A Review and Comparison of Different Literatures

Wouters¹,

Morales²,

Grollmuss³

et al. 2016

Advances in Management Accounting

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. ABSTRACT Purpose À The paper provides an overview of research published in the innovation and operations management (IOM) literature on 15 methods for cost management in new product development, and it provides a comparison to an earlier review of the management accounting (MA) literature (Wouters & Morales, 2014). Methodology/approach À This structured literature search covers papers published in 23 journals in IOM in the period 1990À2014.Findings À The search yielded a sample of 208 unique papers with 275 results (one paper could refer to multiple cost management methods). The top 3 methods are modular design, component commonality, and Advances in Management Accounting, Volume 26, 139À274Originality/value À This review of research on methods for cost management published outside the MA literature provides an overview for MA researchers. It highlights key differences between both literatures in their research of the same cost management methods.

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“…Many more VA projects for developing new products or processes can require dozens of highly skilled specialists over a period of months (Romano et al 2010). Depending on the size of the project, planning a can require substantial budgeting, human resource planning and scheduling requirements to optimize a firm's allocation of limited project resources (Smyth 2014).…”

Section: Introductionmentioning

confidence: 99%

“…To achieve the expected benefits of VA a considerable amount of planning and scheduling complexity may be required. It is the nature of the VA projects to require cross-functional teams consisting of many functional areas including marketing, product design, manufacturing, engineering, procurement, production, and/or finance personnel (Romano et al 2010).…”

Section: Introductionmentioning

confidence: 99%

Value analysis planning with goal programming

Schniederjans

Cao

2015

Ann Oper Res

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This paper presents a model to support planning decisions in the engineering methodology referred to as value analysis. A goal programming model incorporating elements of critical path method and concurrent engineering is proposed as a means to augment the planning of value analysis projects. The modeling approach builds and extends prior goal programming research by uniquely incorporating both timing and cost information to ease modeling complexity and reveal scheduling resource tradeoffs. An illustrative example is presented to demonstrate the modeling approach informational efficacy.

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Value analysis as a decision support tool in cruise ship design

Cited by 21 publications

References 13 publications

Technical, economic, and environmental performance assessment of manufacturing systems: The Multi-layer Enterprise Input-Output formalisation method

Technical, economic, and environmental performance assessment of manufacturing systems: The Multi-layer Enterprise Input-Output formalisation method

Methods for Cost Management during Product Development: A Review and Comparison of Different Literatures

Value analysis planning with goal programming

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