Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
710130 | IFAC-PapersOnLine | 2016 | 6 Pages |
Abstract
Defining a dynamic model for calculating production cost is a challenging goal that requires a good fitting ability with real data over time. A novel cost curve is proposed here with the aim of incorporating both the learning and the forgetting phenomenon during both the production phases and the reworking operations. A single-product cost model is thus obtained, and a procedure for fitting the curve with real data is also introduced. Finally, this proposal is validated on a benchmark dataset in terms of mean square error.
Related Topics
Physical Sciences and Engineering
Engineering
Computational Mechanics
Authors
Francesco Lolli, Michael Messori, Rita Gamberini, Bianca Rimini, Elia Balugani,