The Choice of Cost Parameters in Machining Cost Models
- 1 January 1987
- journal article
- research article
- Published by Taylor & Francis in The Engineering Economist
- Vol. 32 (3) , 217-230
- https://doi.org/10.1080/00137918708902964
Abstract
The problem of determining cost minimum cutting conditions for machine tools is a classic problem In manufacturing economics. Recent interest In automated process planning has led researchers to examine ways to incorporate these calculations into the protean planning software. In this paper we examine the choice of cost parameters traditionally used in theBe models and argue that they have, in general, been incorrectly specified.Keywords
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