The case study of using a discrete-event simulation for product cost estimation in the bidding phase is presented. The application has been implemented in a make-to order Italian assembly company producing steam generators. The simulation strategy pursued was to model production settings with an high degree of detail; human resource behaviour has been also modelled in stochastic terms. A traditional costing procedure has been adopted, according to the current costing method adopted by the Company. The analysis of the production costs for an in-process order of an heat-recovery steam generators has been carried out as a validation test. Comparisons made with results coming from the present cost-estimation procedure adopted in the company allowed to be confident on the effectiveness of the approach proposed for industrial applications.

Cost estimation for bidding by simulation approach: An industrial application / Dassisti, M; Galantucci, Lm; Vendola, G; Chiarantoni, E. - STAMPA. - (1997), pp. 201-208. (Intervento presentato al convegno CIRP International Symposium on Advanced Design and Manufacture in the Global Manufacturing Era tenutosi a Hong Kong, China nel August 21-22, 1997).

Cost estimation for bidding by simulation approach: An industrial application

Dassisti M;Galantucci LM;Chiarantoni E
1997-01-01

Abstract

The case study of using a discrete-event simulation for product cost estimation in the bidding phase is presented. The application has been implemented in a make-to order Italian assembly company producing steam generators. The simulation strategy pursued was to model production settings with an high degree of detail; human resource behaviour has been also modelled in stochastic terms. A traditional costing procedure has been adopted, according to the current costing method adopted by the Company. The analysis of the production costs for an in-process order of an heat-recovery steam generators has been carried out as a validation test. Comparisons made with results coming from the present cost-estimation procedure adopted in the company allowed to be confident on the effectiveness of the approach proposed for industrial applications.
1997
CIRP International Symposium on Advanced Design and Manufacture in the Global Manufacturing Era
962-442-107-2
Cost estimation for bidding by simulation approach: An industrial application / Dassisti, M; Galantucci, Lm; Vendola, G; Chiarantoni, E. - STAMPA. - (1997), pp. 201-208. (Intervento presentato al convegno CIRP International Symposium on Advanced Design and Manufacture in the Global Manufacturing Era tenutosi a Hong Kong, China nel August 21-22, 1997).
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11589/20063
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