scholarly journals Materials Requirement Planning with the Use of Activity Based Costing

2020 ◽  
Vol 28 (1) ◽  
pp. 3-8
Author(s):  
Dorota Więcek ◽  
Dariusz Więcek ◽  
Luboslav Dulina
Keyword(s):  
Point Of View ◽  
Production Costs ◽  
Design Stage ◽  
Activity Based Costing ◽  
Material Resources ◽  
Material Supply ◽  
Alternative Materials ◽  
Supply Costs ◽  
Effective Use ◽  
Materials Requirements Planning

AbstractOne of the rationalization areas is the material supply process. New tasks of material supply are: integration of supply with the operation of the entire system, especially at the product design stage, effective use of material resources, reduction of the level of supply costs from the point of view of production costs. In the conditions of unit and small batch production the materials requirement needs to be carefully planned and optimized due to the use of many different kinds, types and sizes of materials and dynamic changes of demand over time. In this situation there are needed tools enabling the measurement of production costs for particular tasks on the basis of currently realized processes. One of these tools is activity based costing which is a groundwork for decision making process in the material supply area. Basing on activity based costing, a model of materials requirements planning was developed, which considers minimizing the number of different kinds and sizes of materials by using alternative materials and, consequently, lowering production costs.

scholarly journals Making managerial decisions in the agrarian management through the use of ABC-Analysis tool

2019 ◽  
Vol 10 (7) ◽  
pp. 798 ◽  
Author(s):  
Oksana Nuzhna ◽  
Nataliia Tluchkevych ◽  
Nataliia Semenyshena ◽  
Kateryna Nahirska ◽  
Irina Sadovska
Keyword(s):  
Crop Production ◽  
Production Costs ◽  
Analysis Tool ◽  
Activity Based Costing ◽  
Agricultural Enterprises ◽  
Material Resources ◽  
Managerial Decisions ◽  
Leading Role ◽  
Material Costs ◽  
Abc Analysis

 The current paper is focused on material resources as a controlling factor in crop production. It has been found that according to the analysis of crop production expenditures in agricultural enterprises of Ukraine an expense structure consists of approximately 70% of material costs. In this regard, the ABC-analysis is utilized with the aim to determine the items of material expenses that significantly affect the cost and consequently the process of operational management for making decisions. The findings of the ABC-analysis of material expenditures for crop production in terms of elements at Ukrainian agricultural enterprises made it possible to determine the types of control (systematic, periodic, selective) that should be applied for different cost groups focusing on the most significant items of the material expenses. Expenditures are classified according to the stages of the technological process and types of the technology for crop cultivation, allowing to control the scope of production costs at each stage of crops growing. These stages can be the basis for the application in the system of cost management of Activity Based Costing model. It is proposed to apply the operational control of material costs through the budgeting system in the agrarian management. It plays a leading role in the management system providing the process of managerial decisions making with the operative information about the actual indicators of material costs and their deviations. A form fragment of a flexible budget on material expenditures for winter wheat production has been elaborated. The enterprise managers can make operational, current and strategic management decisions and, consequently, influence the change of material resources, adjusting them to the technological processes stages in production and sales of goods, works and services based on the proposed form of a budget.

scholarly journals Cost Estimation Methods of Machine Elements at the Design Stage in Unit and Small Lot Production Conditions

2019 ◽  
Vol 27 (1) ◽  
pp. 12-17 ◽  
Author(s):  
Dorota Więcek ◽  
Dariusz Więcek ◽  
Ivan Kuric
Keyword(s):  
Cost Estimation ◽  
Group Technology ◽  
Hybrid Methods ◽  
Production Costs ◽  
Estimation Methods ◽  
Design Stage ◽  
Activity Based Costing ◽  
Machine Elements ◽  
Formalized Description ◽  
The Moment

AbstractOn the stage of product design there is a problem concerning production cost estimation in the moment when elements are not yet definitely designed. Depending on the amount of the available information, more or less precise cost estimation methods are applied, i.e.: variant methods, generation methods, hybrid methods. The proposed method of cost estimation is based on a formalized description of information related to construction, manufacturing and organizational characteristics concerning the designed element, the automation method of technological processes design using methods of group technology and a model of determining production costs of machine elements based on Activity Based Costing.

scholarly journals ELECTRONIC ECONOMICS, ARTIFICIAL INTELLIGENCE AND ECONOMIC THEORY

2019 ◽  
pp. 41-46
Author(s):  
S. Kuregyan
Keyword(s):  
Artificial Intelligence ◽  
Economic Theory ◽  
Human Life ◽  
Economic Behavior ◽  
Point Of View ◽  
Economic Science ◽  
Special Importance ◽  
Economic Relations ◽  
Material Resources ◽  
Effective Use

The article is devoted to the study of electronic economy and artificial intelligence from the point of view of their influence on economic theory. Economic theory is still a science that studies the world of things and the economic relations between people and their economic behavior. At the same time, special importance is attached to the effective use of limited material resources in order to create more wealth. All this is becoming unattainable in the age of information technology, the digital economy, which strengthen the intangible forms of capital and its impact on human life. Therefore, the task is to show how the electronic economy can affect economic science, and how economic science can contribute to the development of this economy.

THEORETICAL AND METHODOLOGICAL ASPECTS OF UNDERSTANDING OF THE SYSTEM OBJECT IN DESIGN

2020 ◽  
Vol 1 (4) ◽  
pp. 5-10
Author(s):  
V. Barysheva ◽  
O. Druzhinina
Keyword(s):  
Scientific Research Institute ◽  
Point Of View ◽  
Design Stage ◽  
Comprehensive Understanding ◽  
Design Culture ◽  
Design Program ◽  
Methodological Aspects ◽  
Cultural Experts ◽  
Union Scientific Research Institute ◽  
Separate Product

The article is devoted to the analysis of the system object from the point of view of design from design, sociocultural and philosophical positions. The authors systematize the definitions of a system object of design proposed in the 1960–1980s by theorists and practitioners, art historians, cultural experts and philosophers from different countries, including Russia, which allows a comprehensive understanding of the phenomenon of design culture. This article is devoted to the characteristic properties of the system object in design. They were considered and analyzed on the example of the «Absheron» design-program when designing of agricultural village). This concept was developed at the All-Union Scientific Research Institute of Technical Aesthetics (VNIITE) in 1983. Using the same example, the features of the approach to designing a system object in design was observed not only as a separate product, but as a sociocultural situation that constantly changes at each design stage.

scholarly journals Design and Field Validation of a Low Power Wireless Sensor Node for Structural Health Monitoring

Sensors ◽  
2021 ◽  
Vol 21 (4) ◽  
pp. 1050
Author(s):  
Federico Zanelli ◽  
Francesco Castelli-Dezza ◽  
Davide Tarsitano ◽  
Marco Mauri ◽  
Maria Laura Bacci ◽  
...  
Keyword(s):  
Low Power ◽  
Sensor Node ◽  
Weather Conditions ◽  
Point Of View ◽  
Design Stage ◽  
Monitoring Systems ◽  
Wireless Sensor Node ◽  
Process Data ◽  
Fatigue Life Estimation ◽  
Remaining Fatigue Life

Smart monitoring systems are currently gaining more attention and are being employed in several technological areas. These devices are particularly appreciated in the structural field, where the collected data are used with purposes of real time alarm generation and remaining fatigue life estimation. Furthermore, monitoring systems allow one to take advantage of predictive maintenance logics that are nowadays essential tools for mechanical and civil structures. In this context, a smart wireless node has been designed and developed. The sensor node main tasks are to carry out accelerometric measurements, to process data on-board, and to send wirelessly synthetic information. A deep analysis of the design stage is carried out, both in terms of hardware and software development. A key role is played by energy harvesting integrated in the device, which represents a peculiar feature and it is thanks to this solution and to the adoption of low power components that the node is essentially autonomous from an energy point of view. Some prototypes have been assembled and tested in a laboratory in order to check the design features. Finally, a field test on a real structure under extreme weather conditions has been performed in order to assess the accuracy and reliability of the sensors.

scholarly journals Cycle-oriented approach to building a model of production costs

2020 ◽  
Vol 17 ◽  
pp. 00124
Author(s):  
Elena P. Polikarpova ◽  
Igor E. Mizikovskiy
Keyword(s):  
Cost Management ◽  
Modern Science ◽  
Management Control ◽  
Point Of View ◽  
Production Costs ◽  
Production Cycle ◽  
Agricultural Activity ◽  
Management Tools ◽  
Agricultural Enterprises ◽  
Oriented Approach

Modern science and practice does not have a sufficient set of cost management tools, taking into account the duration of the production cycle, characteristic of agricultural activity. The implementation of a cycle-oriented approach to building a model of production costs was based on studying the existing options for classifying production costs, which were supplemented with features from the perspective of managing long production cycles. As a result of the study, a model of production costs was built from the point of view of a cycle-oriented approach, as well as a model of production costs from the standpoint of features of a long production cycle. The model can serve as the basis for the formation of the information space of cost management, control and cost analysis in the economy of agricultural enterprises.

scholarly journals Importance And Role Of Competence In Professional Career Of Product Develop Engineers

2015 ◽  
Vol 66 (1) ◽  
pp. 114-118
Author(s):  
Aleksandar Miltenović ◽  
Milan Banić ◽  
Vojislav Miltenović
Keyword(s):  
Product Development ◽  
New Product ◽  
Production Costs ◽  
Improve Product Quality ◽  
Professional Career ◽  
Material Resources ◽  
Human Energy ◽  
Optimum Utilization ◽  
Fierce Competition

Abstract Product development is a creative task where is systematically created a new product, which makes possible to firms to offer attractive, innovative and market oriented products. In conditions of fierce competition and saturated markets, companies that do not innovate are stagnating and disappear from the market. Innovation is therefore every intervention which can reduce production costs, enables optimum utilization of available human, energy and material resources, improve product quality, improve the placement, which leads to an increase in competitiveness. A prerequisite for fulfillment of the above-mentioned tasks is that the companies have engineers with the appropriate competencies, which are able to, through creativity, innovation and fascinating technique of creating new or improving existing products and lunch it on the market. The paper discusses the role and importance of the competences that are necessary for a successful professional career of product development engineers.

Supply chain cost model for prefabricated building material based on time-driven activity-based costing

2016 ◽  
Vol 43 (4) ◽  
pp. 287-293 ◽  
Author(s):  
Yong-Woo Kim ◽  
Seung-Heon Han ◽  
June-Seong Yi ◽  
SooWon Chang
Keyword(s):  
Sensitivity Analysis ◽  
Supply Chain ◽  
Supply Chains ◽  
Construction Industry ◽  
Cost Model ◽  
Building Construction ◽  
Activity Based Costing ◽  
Chain Management ◽  
Material Supply ◽  
Supply Chain Costs

The effect of ‘supply chain management’ can be leveraged when benefits of collaboration within and beyond the capacities of individual organizations are witnessed. One of the primary tasks in reducing total supply chain costs is to understand where the costs occur in a supply chain and how each activity impacts the total supply chain costs. Most supply chains in construction usually involve multiple entities, each one in a different process. A rebar supply chain is one example where many entities are involved in different processes. The supply chain coordinator needs a supply chain cost model, which shows how each activity impacts all supply chain costs to reduce the total costs. The research suggests a supply chain cost model using time-driven activity-based costing. The proposed cost model was applied to a building construction project, followed by sensitivity analysis identifying critical activities. This method can be adapted to analyze other fragmented material supply chains in the construction industry.

The Properties of Welded Joints Made by 6082-T6 Aluminium Alloy and their Behaviour under Cyclic Loading Conditions

2015 ◽  
Vol 812 ◽  
pp. 375-380 ◽  
Author(s):  
D. Pósalaky ◽  
János Lukács
Keyword(s):  
Cyclic Loading ◽  
Automotive Industry ◽  
Welded Joints ◽  
Structural Engineering ◽  
Physical Simulation ◽  
Base Material ◽  
Point Of View ◽  
Test Results ◽  
Structural Elements ◽  
Effective Use

The magnitude of different aluminium alloys, especially the ones with higher strength, are increasing in the structural engineering, not just the usual applications (like the aerospace industry) but more likely in the automotive industry. There are more assumptions of the effective use of aluminium; we should highlight two important factors, the technological and the applicability criterions. The technological criterion is the joining of structural elements, frequently with welding thus the technological criterion ultimately is the weldability. The assumption of applicability comes from the loading capability of these structures, which is typically cyclic loading so the key issue from the point of view of applicability is the resistance to fatigue. This article represents physical simulation and fatigue test results both on the base material and on the welded joints.

scholarly journals PENERAPAN METODE ACTIVITY BASED COSTING DALAM PENENTUAN HARGA POKOK PRODUKSI PADA PT. SARIMELATI KENCANA (PIZZA HUT MANADO TOWN SQUARE)

2013 ◽  
Vol 8 (3) ◽  
Author(s):  
Stephany Ch. Pelleng ◽  
Herman Karamoy ◽  
Victorina Tirajoh
Keyword(s):  
Quantitative Data ◽  
Cost Driver ◽  
Production Costs ◽  
Activity Based Costing ◽  
Traditional System ◽  
Pricing Process ◽  
Costing System ◽  
The Right ◽  
The Cost ◽  
Pizza Hut

Nowadays, every company has to have a right and efficient way to know their own pricing process. The better the company count it, the better it would be to compete in the market because the right method or system will decrease the cost and increase the profit. Activity Based Costing System is a method of calculating the cost of goods manufactured based on activities in a company using more cost driver, so it can calculate more accurate. This method is expected to be applied to the PT. Sarimelati Kencana who still using the traditional system for calculating the cost of goods manufactured. This research has a purpose to know the cost of goods manufactured in the company using activity based costing system. There are qualitative and quantitative data on this project. Qualitative data for company profile and quantitative data for production costs. This is descriptive research and the result shows that the pricing process using ABC method give overcost condition for pizza hut personal and undercost condition for pizza hut regular and large.

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