A generic framework for cost estimation and cost control in product design

I.F. Weustink; E. ten Brinke; A.H. Streppel; H.J.J. Kals

doi:10.1016/S0924-0136(00)00405-2

A generic framework for cost estimation and cost control in product design

I.F. Weustink, E. ten Brinke, A.H. Streppel^*, H.J.J. Kals

^*Corresponding author for this work

Faculty of Engineering Technology

Research output: Contribution to journal › Article › Academic › peer-review

96 Citations (Scopus)

1 Downloads (Pure)

Abstract

Traditionally, cost estimation was performed after the design process, though most opportunities of cost reduction have already passed. Therefore, it is advantageous to be able to estimate the product costs early in the product development cycle. By changing the way cost estimation is dealt with, it is possible to utilise all opportunities of cost reduction. To be able to control the product costs, it is necessary to estimate the costs adequately and to store the cost data in a generic way. A generic framework is developed to establish these requirements. The framework, which is the basis for the control of the production costs, takes into account design, process planning and production planning aspects.

Original language	English
Pages (from-to)	141-148
Journal	Journal of materials processing technology
Volume	103
Issue number	1
DOIs	https://doi.org/10.1016/S0924-0136(00)00405-2
Publication status	Published - 2000

Keywords

Cost control
Cost estimation
Generic framework
Product design
2023 OA procedure

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10.1016/S0924-0136(00)00405-2

ArticleFinal published version, 538 KBLicence: Taverne

96 Citations
1 Conference contribution

A generic framework for cost estimation and cost control in product design
Weustink, I. F., ten Brinke, E., Streppel, A. H. & Kals, H. J. J., 6 Apr 1998, Sheet metal 1998: proceedings of the 6th International Conference, University of Twente, The Netherlands, 6-8 April 1998. Kals, H. J. J. (ed.). Enschede: University of Twente, p. 231-242
Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

Cite this

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KW - Generic framework

KW - Product design

KW - 2023 OA procedure

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A generic framework for cost estimation and cost control in product design

Abstract

Keywords

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A generic framework for cost estimation and cost control in product design

Cite this