Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to th...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
IOP Publishing
2018
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/20983/1/Abu_2018_IOP_Conf._Ser.__Mater._Sci._Eng._342_012006.pdf |
| _version_ | 1825812049890902016 |
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| author | Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman |
| author_facet | Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman |
| author_sort | Mohd Yazid, Abu |
| collection | UMP |
| description | Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to the costing system. Meanwhile, traditional costing accounting being practice has distortion in the cost unit which lead to inaccurate cost of product. The aim of this work is to identify the critical and non-critical variables during remanufacturing process using Mahalanobis-Taguchi System and simultaneously estimate the cost using Activity Based Costing method. The orthogonal array was applied to indicate the contribution of variables in the factorial effect graph and the critical variables were considered with overhead costs that are actually demanding the activities. This work improved the quality inspection together with costing system to produce an accurate profitability information. As a result, the cost per unit of remanufactured crankshaft of MAN engine model with 5 critical crankpins is MYR609.50 while Detroit engine model with 4 critical crankpins is MYR1254.80. The significant of output demonstrated through promoting green by reducing re-melting process of damaged parts to ensure consistent benefit of return cores. |
| first_indexed | 2024-03-06T12:23:24Z |
| format | Conference or Workshop Item |
| id | UMPir20983 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:23:24Z |
| publishDate | 2018 |
| publisher | IOP Publishing |
| record_format | dspace |
| spelling | UMPir209832018-04-27T02:48:15Z http://umpir.ump.edu.my/id/eprint/20983/ Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman TS Manufactures Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to the costing system. Meanwhile, traditional costing accounting being practice has distortion in the cost unit which lead to inaccurate cost of product. The aim of this work is to identify the critical and non-critical variables during remanufacturing process using Mahalanobis-Taguchi System and simultaneously estimate the cost using Activity Based Costing method. The orthogonal array was applied to indicate the contribution of variables in the factorial effect graph and the critical variables were considered with overhead costs that are actually demanding the activities. This work improved the quality inspection together with costing system to produce an accurate profitability information. As a result, the cost per unit of remanufactured crankshaft of MAN engine model with 5 critical crankpins is MYR609.50 while Detroit engine model with 4 critical crankpins is MYR1254.80. The significant of output demonstrated through promoting green by reducing re-melting process of damaged parts to ensure consistent benefit of return cores. IOP Publishing 2018 Conference or Workshop Item PeerReviewed application/pdf en cc_by http://umpir.ump.edu.my/id/eprint/20983/1/Abu_2018_IOP_Conf._Ser.__Mater._Sci._Eng._342_012006.pdf Mohd Yazid, Abu and E. E., Mohd Nor and M. S., Abd Rahman (2018) Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing. In: IOP Conference Series: Materials Science and Engineering, International Conference on Innovative Technology, Engineering and Sciences 2018 (iCITES 2018) , 1-2 March 2018 , Universiti Malaysia Pahang (UMP) Pekan Campus Library, Malaysia. pp. 1-10., 342 (012006). ISSN 1757-899X (Published) https://doi.org/10.1088/1757-899X/342/1/012006 |
| spellingShingle | TS Manufactures Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing |
| title | Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing |
| title_full | Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing |
| title_fullStr | Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing |
| title_full_unstemmed | Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing |
| title_short | Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing |
| title_sort | costing improvement of remanufacturing crankshaft by integrating mahalanobis taguchi system and activity based costing |
| topic | TS Manufactures |
| url | http://umpir.ump.edu.my/id/eprint/20983/1/Abu_2018_IOP_Conf._Ser.__Mater._Sci._Eng._342_012006.pdf |
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