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Analytical approach for determining the cost optimum raw material quality level |
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| Authors: | R. Chen O. Hawaleshka D. R. Strong |
| Affiliation: | a Department of IE, PE and MBOM, Winnipegb Department of Mechanical and Industrial Engineering, University of Manitoba, |
| Abstract: | In this paper, the expected cost of a raw material quality characteristic is determined and the cost optimum quality level is found. A series of piecewise linear functions is used torepresent a general cost function. Examples are given in which the distributions of quality characteristics are treated as being either uniform or normal. The relationship between a raw material characteristic and manufacturing cost is assumed to be known Determining cost optimum quality level Manitoba |
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