Cost evaluation of alternative production methods

Torben Lenau*, Jan Haudrum

*Corresponding author for this work

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    Abstract

    Selecting the best of alternative production methods is becoming an increasingly important subject in developing competitive products. Different attempts are being made to supply designers and process planners with methods and tools which will help them to explore alternative production processes. A key issue is the evaluation of such alternative ways of producing proposed components. This paper will discuss this topic and present an overview of cost-calculation methods with an emphasis on the evaluation of components produced by different production methods. Furthermore, a practical method for evaluating alternative production methods is suggested.
    Original languageEnglish
    JournalMaterials & Design
    Volume15
    Issue number15
    Pages (from-to)235-247
    ISSN0264-1275
    DOIs
    Publication statusPublished - 1994

    Keywords

    • Cost calculation
    • Evaluation
    • Product development

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