<abstract xmlns="http://www.w3.org/1999/xhtml">

The aim of the article is to present a proposal and discuss the production cost calculation procedures based on data collected during manufacturing process, according to standard SPC control chart evaluation. It is applied as a tool to support the process of continuous improvement of the manufacturing process and improve profitability by reducing the cost of production.
Research methodology - the study uses the results of a literature review on the issue of cost analysis and their modeling. Key elements are the main cost components, but also those that are considered less important and may be overall decisive. Application of Statistical Process Control - as a method of data collection for cost modeling to improve overall cost structure is proposed.
Originality / value - the considerations presented in the study may be the basis for determining the key components of the cost of production. The proposed simulation model allows for the determination of the main quality cost factors. This, in turn, should allow to define the main directions of searching for the optimization of the product cost in order to achieve the expected level of cost and quality.
</abstract>

The aim of the article is to present a proposal and discuss the production cost calculation procedures based on data collected during manufacturing process, according to standard SPC control chart evaluation. It is applied as a tool to support the process of continuous improvement of the manufacturing process and improve profitability by reducing the cost of production.
Research methodology - the study uses the results of a literature review on the issue of cost analysis and their modeling. Key elements are the main cost components, but also those that are considered less important and may be overall decisive. Application of Statistical Process Control - as a method of data collection for cost modeling to improve overall cost structure is proposed.
Originality / value - the considerations presented in the study may be the basis for determining the key components of the cost of production. The proposed simulation model allows for the determination of the main quality cost factors. This, in turn, should allow to define the main directions of searching for the optimization of the product cost in order to achieve the expected level of cost and quality.

Production Cost Calculation Approach Based on Data Collected During Manufacturing Process

System Safety: Human - Technical Facility - Environment

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The aim of the article is to present a proposal and discuss the production cost calculation procedures based on data collected during manufacturing process,...

Production Cost Calculation Approach Based on Data Collected During Manufacturing Process

Publié en ligne: 31 déc. 2022

Pages: 19 - 27

Reçu: 29 nov. 2021

Accepté: 20 févr. 2022

DOI: https://doi.org/10.2478/czoto-2022-0003

Mots clés
cost calculation, cost modeling, manufacturing costs, control chart, quality costs, Statistical Process Control (SPC)

© 2022 Grzegorz Krześniak, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Production Cost Calculation Approach Based on Data Collected During Manufacturing Process

Publié en ligne: 31 déc. 2022

Pages: 19 - 27

Reçu: 29 nov. 2021

Accepté: 20 févr. 2022

DOI: https://doi.org/10.2478/czoto-2022-0003

Mots cléscost calculation, cost modeling, manufacturing costs, control chart, quality costs, Statistical Process Control (SPC)

© 2022 Grzegorz Krześniak, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Mots clés
cost calculation, cost modeling, manufacturing costs, control chart, quality costs, Statistical Process Control (SPC)