Time Driven Activity Based Costing (TDABC) Model for Cost Estimation of Assembly for a SSI

2018 ◽  
Vol 6 (2) ◽  
pp. 56-69
Author(s):  
Ashwin Bhimrao Ganorkar ◽  
Ramesh Ramchandra Lakhe ◽  
Kamalkishor N. Agrawal
Keyword(s):  
Cost Estimation ◽  
Low Cost ◽  
Small Scale ◽  
Activity Based Costing ◽  
New Approach ◽  
Common Activity ◽  
Time Required ◽  
The Cost ◽  
Small Scale Industries

Costing is an important issue in a competitive world. Many companies had adopted TDABC for better cost visibility. Assembly is very common activity in the small scale industries (SSI). In a SSI, many operations like riveting, drilling, fastening, loosening and tightening, hammering, labeling, aligning, etc. are carried out at the time of assembly. Also the sequence and the time of the operating vary for each product. Therefore, it is difficult to estimate the cost of complex assembly. This paper proposed a time driven activity based costing (TDABC) model to estimate the cost of assembly for SSI. TDABC uses time equations to estimate the time required for an activity. A new approach to develop the time equation using maynard operation sequence technique (MOST) is presented. This paper also presents the modification in the time equation to handle the complexity of the activity. The application of the model is presented with the case study. The cost analysis helps to identify the opportunities for low cost assembly solution.

TDABC for a manufacturing environment: A case study

Tékhne ◽  
2018 ◽  
Vol 16 (2) ◽  
pp. 2-10
Author(s):  
Ashwin B. Ganorkar ◽  
Ramesh R. Lakhe ◽  
Kamalkishor N. Agrawal
Keyword(s):  
Manufacturing Industry ◽  
Small Scale ◽  
Manufacturing Companies ◽  
Activity Based Costing ◽  
Product Cost ◽  
Costing System ◽  
Traditional Costing ◽  
The Cost ◽  
A Company

Abstract Costing system is an essential part of a company. Determining the accurate cost of a product or service is extremely important for the profitability and performance of a company. Over the years, different approaches and models have been developed to estimate the cost of the product manufactured. However, their models were found to be inadequate in the correct value of the product cost. In the last decade, activity-based costing (ABC) has been successfully adopted by many companies worldwide. Nonetheless, because of its high maintenance and setup cost, it has been abandoned and a new time-driven activity-based costing (TDABC) model has been developed. Though adopted by many large scale-manufacturing industries, TDABC has not been implemented in small scale manufacturing companies due to unavailability of resources and also ignorance about its implementation. This paper presents a model for the application of TDABC in the small scale manufacturing industry. The model is implemented in a furniture manufacturing company for the estimation of product cost. The cost obtained from the TDABC is compared with the traditional costing system and established the accuracy of TDABC over the traditional costing system. Along with the case study, this paper also discusses the different data results obtained from TDABC and its utility for the managers and the decision makers.

Janus – A New Approach to Air Combat Pilot Training

2019 ◽  
Vol 2019 (4) ◽  
pp. 7-22
Author(s):  
Georges Bridel ◽  
Zdobyslaw Goraj ◽  
Lukasz Kiszkowiak ◽  
Jean-Georges Brévot ◽  
Jean-Pierre Devaux ◽  
...  
Keyword(s):  
Low Cost ◽  
Cost Effective ◽  
High Energy ◽  
Training System ◽  
Embedded Sensors ◽  
Pilot Training ◽  
New Approach ◽  
Combat Aircraft ◽  
Air Combat ◽  
The Cost

Abstract Advanced jet training still relies on old concepts and solutions that are no longer efficient when considering the current and forthcoming changes in air combat. The cost of those old solutions to develop and maintain combat pilot skills are important, adding even more constraints to the training limitations. The requirement of having a trainer aircraft able to perform also light combat aircraft operational mission is adding unnecessary complexity and cost without any real operational advantages to air combat mission training. Thanks to emerging technologies, the JANUS project will study the feasibility of a brand-new concept of agile manoeuvrable training aircraft and an integrated training system, able to provide a live, virtual and constructive environment. The JANUS concept is based on a lightweight, low-cost, high energy aircraft associated to a ground based Integrated Training System providing simulated and emulated signals, simulated and real opponents, combined with real-time feedback on pilot’s physiological characteristics: traditionally embedded sensors are replaced with emulated signals, simulated opponents are proposed to the pilot, enabling out of sight engagement. JANUS is also providing new cost effective and more realistic solutions for “Red air aircraft” missions, organised in so-called “Aggressor Squadrons”.

MECHANIZATION OF POTATO GRADING ON SMALL-SCALE FARMS: A CASE STUDY FROM PERU

2005 ◽  
Vol 41 (1) ◽  
pp. 81-92 ◽  
Author(s):  
G. P. BUTLER ◽  
T. BERNET ◽  
K. MANRIQUE
Keyword(s):  
Developing Countries ◽  
Market Integration ◽  
Low Cost ◽  
Farming System ◽  
Agricultural Products ◽  
Small Scale ◽  
Critical Aspect ◽  
Small Scale Farmers ◽  
Important Cash Crop

Potatoes are an important cash crop for small-scale producers worldwide. The move away from subsistence to commercialized farming, combined with the rapid growth in demand for processed agricultural products in developing countries, implies that small-scale farmers and researchers alike must begin to respond to these market changes and consider post-harvest treatment as a critical aspect of the potato farming system. This paper presents and assesses a low cost potato-grading machine that was designed explicitly to enable small-scale potato growers to sort tubers by size for supply to commercial processors. The results of ten experiments reveal that the machine achieves an accuracy of sort similar to commercially available graders. The machine, which uses parallel conical rollers, has the capacity to grade different tuber shapes and to adjust sorting classes, making it suitable for locations with high potato diversity. Its relatively low cost suggests that an improved and adapted version of this machine might enhance market integration of small-scale potato producers not only in Peru, but in other developing countries as well.

scholarly journals New Perspectives on the Urban–Rural Dichotomy and Dialect Contact in the Arabic gələt Dialects in Iraq and South-West Iran

Languages ◽  
2021 ◽  
Vol 6 (4) ◽  
pp. 198
Author(s):  
Bettina Leitner
Keyword(s):  
Comparative Analysis ◽  
Urban Space ◽  
Native Speakers ◽  
Small Scale ◽  
Alternative Analysis ◽  
Dialect Contact ◽  
New Approach ◽  
Geographic Context ◽  
Urban Rural

This paper reevaluates the ground on which the division into urban and rural gələt dialects, as spoken in Iraq and Khuzestan (south-western Iran), is built on. Its primary aim is to describe which features found in this dialect group can be described as rural and which features tend to be modified or to emerge in urban contexts, and which tend to be retained. The author uses various methodical approaches to describe these phenomena: (i) a comparative analysis of potentially rural features; (ii) a case study of Ahvazi Arabic, a gələt dialect in an emerging urban space; and (iii) a small-scale sociolinguistic survey on overt rural features in Iraqi Arabic as perceived by native speakers themselves. In addition, previously used descriptions of urban gələt features as described for Muslim Baghdad Arabic are reevaluated and a new approach and an alternative analysis based on comparison with new data from other gәlәt dialects are proposed. The comparative analysis yields an overview of what has been previously defined as rural features and additionally discusses further features and their association with rural dialects. This contributes to our general understanding of the linguistic profile of the rural dialects in this geographic context.

scholarly journals Proposing a Paradigm Shift in Rural Electrification Investments in Sub-Saharan Africa through Agriculture

2020 ◽  
Vol 12 (8) ◽  
pp. 3096 ◽  
Author(s):  
George Kyriakarakos ◽  
Athanasios T. Balafoutis ◽  
Dionysis Bochtis
Keyword(s):  
Rural Areas ◽  
Business Models ◽  
Sub Saharan Africa ◽  
Rural Electrification ◽  
Agricultural Cooperatives ◽  
New Approach ◽  
Sub Saharan ◽  
The Cost ◽  
Cross Subsidization

Almost one billion people in the world still do not have access to electricity. Most of them live in rural areas of the developing world. Access to electricity in the rural areas of Sub-Saharan Africa is only 28%, roughly 600 million people. The financing of rural electrification is challenging and, in order to accomplish higher private sector investments, new innovative business models have to be developed. In this paper, a new approach in the financing of microgrid electrification activities is proposed and investigated. In this approach, agriculture related businesses take the lead in the electrification activities of the surrounding communities. It is shown that the high cost of rural electrification can be met through the increased value of locally produced products, and cross-subsidization can take place in order to decrease the cost of household electrification. The approach is implemented in a case study in Rwanda, through which the possibility of local agricultural cooperatives leading electrification activities is demonstrated.

scholarly journals A Novel Robotic Arm Design for Small Scale Industries Using myRIO

2018 ◽  
Vol 7 (4.6) ◽  
pp. 257
Author(s):  
M. Srilatha ◽  
R. Hemalatha
Keyword(s):  
Working Conditions ◽  
Raw Materials ◽  
Technological Development ◽  
Low Cost ◽  
Robotic Arm ◽  
Small Scale ◽  
Starting Point ◽  
Complete Automation ◽  
Human Effort ◽  
Small Scale Industries

In small-scale industries, under extreme working conditions, personnel are frequently involved in lifting and carrying raw materials, which is hazardous at times. Robot, a machine with intelligence can perform the same task with the help of control instructions fed by computer or remote control. Technological development in the area of robotics made it possible to design robotic arm with the same degree of precision as a replacement to the human intervention. This will introduce automation in small-scale industries, which saves time, reduces human effort and expenditure in production. Further, this will be a starting point for complete automation of entire process, which can be expensive and complicated. NI LabVIEW along with NI-myRIO can provide a better solution in designing a more precise and accurate robot in a very low cost, which is affordable by small-scale industries. NI-myRIO is used to generate and acquire signals for controlling and processing. Further it has an inbuilt processor and FPGA which has many reconfigurable analogue and digital features.  

scholarly journals Low-cost monitoring buoys network tracking biogeochemical changes in lakes and marine environments – a regional case study

2018 ◽  
Vol 90 (10) ◽  
pp. 1631-1646 ◽  
Author(s):  
Alejandro J. Vitale ◽  
Gerardo M.E. Perillo ◽  
Sibila A. Genchi ◽  
Andrés H. Arias ◽  
María Cintia Piccolo
Keyword(s):  
High Frequency ◽  
Low Cost ◽  
Decision Makers ◽  
Shallow Waters ◽  
Global Level ◽  
Temperate Region ◽  
Coastal Marine ◽  
The Cost

AbstractLakes, rivers, estuaries and ocean waters control many important natural functions at the regional-global level. Hence, integrative and frequent long-term water monitoring is required globally. This paper describes the main features and innovations of a low-cost monitoring buoys network (MBN) deployed in a temperate region of Argentina. The MBN was designed to record extended time series at high-frequency, which is of great value for the scientific community, as well as for decision-makers. In addition, two innovative designs belonging to two versions of moored buoys (i.e. shallow waters and coastal marine waters) were presented. It was shown that the cost of either of two versions of the buoy is low, which can be considered as the main advantage.

Sign in / Sign up

Export Citation Format

Share Document