New approach in cost structuring of high speed hard turning

Cost structuring of new technology is a critical mission which needs to be developed systematically to get accurate cost estimation. In this research a new approach was proposed and developed for cost structuring a new process. Cost modeling roadmap was proposed to guide the development of genetic c...

Full description

Bibliographic Details
Main Authors: Al Hazza, Muataz Hazza Faizi, Adesta, Erry Yulian Triblas
Format: Article
Language:English
Published: Trans Tech Publications, Switzerland 2011
Subjects:
Online Access:http://irep.iium.edu.my/7413/1/AMR.264-265.1003.pdf
_version_ 1796875505951047680
author Al Hazza, Muataz Hazza Faizi
Adesta, Erry Yulian Triblas
author_facet Al Hazza, Muataz Hazza Faizi
Adesta, Erry Yulian Triblas
author_sort Al Hazza, Muataz Hazza Faizi
collection IIUM
description Cost structuring of new technology is a critical mission which needs to be developed systematically to get accurate cost estimation. In this research a new approach was proposed and developed for cost structuring a new process. Cost modeling roadmap was proposed to guide the development of genetic cost model by integrating different cost estimating methods and supporting the optimum solution by using statistical technique in modelling the cost in high speed hard turning, then by building logical relationship between the different effective variables through three levels of cost drivers; main drivers, process and technical drivers and final drivers. Finally a MATLAB model was developed for simulating the final cost drivers to study the effect of different parameters on the cost drivers.
first_indexed 2024-03-05T22:39:42Z
format Article
id oai:generic.eprints.org:7413
institution International Islamic University Malaysia
language English
last_indexed 2024-03-05T22:39:42Z
publishDate 2011
publisher Trans Tech Publications, Switzerland
record_format dspace
spelling oai:generic.eprints.org:74132013-06-27T08:10:58Z http://irep.iium.edu.my/7413/ New approach in cost structuring of high speed hard turning Al Hazza, Muataz Hazza Faizi Adesta, Erry Yulian Triblas TS200 Metal manufactures. Metalworking Cost structuring of new technology is a critical mission which needs to be developed systematically to get accurate cost estimation. In this research a new approach was proposed and developed for cost structuring a new process. Cost modeling roadmap was proposed to guide the development of genetic cost model by integrating different cost estimating methods and supporting the optimum solution by using statistical technique in modelling the cost in high speed hard turning, then by building logical relationship between the different effective variables through three levels of cost drivers; main drivers, process and technical drivers and final drivers. Finally a MATLAB model was developed for simulating the final cost drivers to study the effect of different parameters on the cost drivers. Trans Tech Publications, Switzerland 2011-06-30 Article PeerReviewed application/pdf en http://irep.iium.edu.my/7413/1/AMR.264-265.1003.pdf Al Hazza, Muataz Hazza Faizi and Adesta, Erry Yulian Triblas (2011) New approach in cost structuring of high speed hard turning. Advanced Materials Research, 264-26. pp. 1003-1008. ISSN 1662-8985 http://www.scientific.net/AMR.264-265.1003
spellingShingle TS200 Metal manufactures. Metalworking
Al Hazza, Muataz Hazza Faizi
Adesta, Erry Yulian Triblas
New approach in cost structuring of high speed hard turning
title New approach in cost structuring of high speed hard turning
title_full New approach in cost structuring of high speed hard turning
title_fullStr New approach in cost structuring of high speed hard turning
title_full_unstemmed New approach in cost structuring of high speed hard turning
title_short New approach in cost structuring of high speed hard turning
title_sort new approach in cost structuring of high speed hard turning
topic TS200 Metal manufactures. Metalworking
url http://irep.iium.edu.my/7413/1/AMR.264-265.1003.pdf
work_keys_str_mv AT alhazzamuatazhazzafaizi newapproachincoststructuringofhighspeedhardturning
AT adestaerryyuliantriblas newapproachincoststructuringofhighspeedhardturning