Details
| Original language | English |
|---|---|
| Title of host publication | 3rd Conference on Production Systems and Logistics |
| Pages | 308-318 |
| Number of pages | 10 |
| Publication status | Published - 1 Jul 2022 |
Publication series
| Name | Proceedings of the Conference on Production Systems and Logistics |
|---|
Abstract
Companies and their factories face constant change in today's world. Cost-intensive factory planning projects are being carried out in shorter intervals due to the increasing dynamism of the production environment. The related investments have a substantial impact on the liquidity of companies. Shorter production life cycles and changing consumer behaviour also require an adapted and more sustainable factory planning and cost estimation. However, especially in an early planning phase, available data and information are often uncertain and inaccurate. This effects in particular the outcome of the central dimensioning variables (operating resources, employees and area) for the planned factories. Incorrect dimensioning of these variables and thus of the associated costs can lead to substantial misinvestments. A holistic approach to obtain a reliable cost estimation of the factory project at an early stage is not yet available. This article therefore presents the development of a comprehensive procedure model for dimensioning and investment cost calculation in an early factory planning phase. For this purpose, relevant information and planning tasks with regard to dimensioning and cost estimation have to be identified first. Determined output values of the subsequent resource dimensioning represent the input values for the cost calculation. With the identification of surcharge factors, cost rates and calculation methods, the dimensioning variables, in particular the production area as the basis for the planned factory, can be estimated in terms of costs at an early stage.
Keywords
- economic assessment, factory dimensioning, Investment cost calculation, planning tool, procedure model
ASJC Scopus subject areas
- Engineering(all)
- Mechanical Engineering
- Business, Management and Accounting(all)
- Management of Technology and Innovation
- Engineering(all)
- Industrial and Manufacturing Engineering
- Business, Management and Accounting(all)
- Strategy and Management
Sustainable Development Goals
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3rd Conference on Production Systems and Logistics. 2022. p. 308-318 (Proceedings of the Conference on Production Systems and Logistics).
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
}
TY - GEN
T1 - Procedure Model For Dimensioning And Investment Cost Calculation In An Early Factory Planning Phase
AU - Rieke, Leonard
AU - Cevirgen, Cihan
PY - 2022/7/1
Y1 - 2022/7/1
N2 - Companies and their factories face constant change in today's world. Cost-intensive factory planning projects are being carried out in shorter intervals due to the increasing dynamism of the production environment. The related investments have a substantial impact on the liquidity of companies. Shorter production life cycles and changing consumer behaviour also require an adapted and more sustainable factory planning and cost estimation. However, especially in an early planning phase, available data and information are often uncertain and inaccurate. This effects in particular the outcome of the central dimensioning variables (operating resources, employees and area) for the planned factories. Incorrect dimensioning of these variables and thus of the associated costs can lead to substantial misinvestments. A holistic approach to obtain a reliable cost estimation of the factory project at an early stage is not yet available. This article therefore presents the development of a comprehensive procedure model for dimensioning and investment cost calculation in an early factory planning phase. For this purpose, relevant information and planning tasks with regard to dimensioning and cost estimation have to be identified first. Determined output values of the subsequent resource dimensioning represent the input values for the cost calculation. With the identification of surcharge factors, cost rates and calculation methods, the dimensioning variables, in particular the production area as the basis for the planned factory, can be estimated in terms of costs at an early stage.
AB - Companies and their factories face constant change in today's world. Cost-intensive factory planning projects are being carried out in shorter intervals due to the increasing dynamism of the production environment. The related investments have a substantial impact on the liquidity of companies. Shorter production life cycles and changing consumer behaviour also require an adapted and more sustainable factory planning and cost estimation. However, especially in an early planning phase, available data and information are often uncertain and inaccurate. This effects in particular the outcome of the central dimensioning variables (operating resources, employees and area) for the planned factories. Incorrect dimensioning of these variables and thus of the associated costs can lead to substantial misinvestments. A holistic approach to obtain a reliable cost estimation of the factory project at an early stage is not yet available. This article therefore presents the development of a comprehensive procedure model for dimensioning and investment cost calculation in an early factory planning phase. For this purpose, relevant information and planning tasks with regard to dimensioning and cost estimation have to be identified first. Determined output values of the subsequent resource dimensioning represent the input values for the cost calculation. With the identification of surcharge factors, cost rates and calculation methods, the dimensioning variables, in particular the production area as the basis for the planned factory, can be estimated in terms of costs at an early stage.
KW - economic assessment
KW - factory dimensioning
KW - Investment cost calculation
KW - planning tool
KW - procedure model
UR - http://www.scopus.com/inward/record.url?scp=85164416514&partnerID=8YFLogxK
U2 - 10.15488/12156
DO - 10.15488/12156
M3 - Conference contribution
T3 - Proceedings of the Conference on Production Systems and Logistics
SP - 308
EP - 318
BT - 3rd Conference on Production Systems and Logistics
ER -