Designing Quality Improvement and Economical Production Quantity: Application of Material Flow Cost Accounting and Cost of Quality
Journal Title: International Journal of Global Optimization and Its Application - Year 2022, Vol 1, Issue 1
Abstract
Material flow cost accounting technique is a technique used to analyze environmental costs for the purpose of identifying costs in two parts: positive cost and negative cost. Which will be an indicator of the efficiency of the production process Because it affects the quality of products delivered to customers and customer satisfaction. There are also techniques. MFCA is used in conjunction with Cost of quality techniques to increase the confidence that products that are going out of the production process will have good performance. For the use of the design of the production process, find the size of the lot. Proportion of waste in production lot and number of shipments. The objective of the optimization problem is the maximum ratio of positive product cost to total cost (PC/TC). The researcher uses particle swarm optimization techniques to find the answer. which is the size of the product lot size, Number of product lot shipments and Proportion of waste in production lot in a serial multi-stage process. the results of MFCA analysis showed that the highest portion of negative product cost was material accounting for 53.29% and following by System cost of 4.75% comparing with the total product cost.
Authors and Affiliations
Kebtawan Jantarasaka and Wichai Chattinnawat
Keywords
Related Articles
- EP ID EP708521
- DOI https://doi.org/10.56225/ijgoia.v1i1.13
- Views 76
- Downloads 0
Identifying the Shipyard Waste: An Application of the Lean Manufacturing Approach
Shipyard is a specialised facility equipped with various tools to support the process of building, repairing and maintaining ships. There are several types of variant ships, such as military ships, tourist boats, cargo s...
The Impact of Macroeconomic Variables on the Real Economic Growth in Indonesia
This study empirically examines and analyzes the impact of several macroeconomic indicators on economic growth, namely the extent to which the variables of poverty, human development index (HDI), foreign direct (FDI) and...
Designing Quality Improvement and Economical Production Quantity: Application of Material Flow Cost Accounting and Cost of Quality
Material flow cost accounting technique is a technique used to analyze environmental costs for the purpose of identifying costs in two parts: positive cost and negative cost. Which will be an indicator of the efficiency...
Investigating the Effect of Rice Commodity Price Volatility on Provincial Capital Poverty: An Evidence from Indonesia
Poverty is one of the macro problems faced by all countries. These problems have different solutions depending on the character of the poor population in the country. One of the proposed solutions is to control prices so...
Extended AHP Approach with Latent Factor and Stratum in Prioritizing and Positioning of OTOP Thailand’s Program for Elderly Market
We proposed a modified AHP technique to prioritize and position the OTOP product for the elderly consumer market. This research developed and extended the methodology proposed by R. Suttipong to account for both latent a...