Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Cost sensitivity modelling in welding production
University West, Department of Engineering Science. (PTW)
2013 (English)In: Welding and Cutting, ISSN 1612-3433, Vol. 12, no 5, 316-322 p.Article in journal (Refereed) Published
Abstract [en]

The aim of Cost Sensitivity Modelling (CSM) is to analyse the relevance of input data in weld cost or production investment calculations, and to show through different calculations how the final result is influenced by variations in input data in order to find the most important cost/profitability determining parameters. Today’s welding production systems are complex installations both in terms of technology, day-to-day operation, maintenance and investment. This is evident with processes such as Tandem-MAG and Laser-hybrid MAG welding. During the past decades, the profitability of investment is more in focus than, for example, production cost per metre weld length or produced unit. CSM can be applied in conventional weld cost calculations (cost/m produced weld) or in complex investment calculations. In this paper both cases are analysed to demonstrate the usefulness of the method. Two crucial questions arise as a consequence of CSM: how accurate is the input data used and which cost factor(s) are of prime importance? It is shown, for example, that deposition rate is not the only important cost determining factor in sophisticated welding systems. CSM identifies other factors which must be controlled in order to keep deviations in profitability from target value within acceptable limits. Implementation time in a new investment is one such factor.

Place, publisher, year, edition, pages
Düsseldorf: Deutscher Verlag fur Schweisstechnik GmbH , 2013. Vol. 12, no 5, 316-322 p.
Keyword [en]
Economics, input output programs, investments, profitability, sensitivity analysis, welding, welds, acceptable limit, cost calculation, day-to-day operations, production cost, production investments, target values, welding production, welding systems, costs
National Category
Engineering and Technology
Research subject
ENGINEERING, Manufacturing and materials engineering
Identifiers
URN: urn:nbn:se:hv:diva-6700Scopus ID: 2-s2.0-84904114579OAI: oai:DiVA.org:hv-6700DiVA: diva2:747778
Available from: 2014-09-17 Created: 2014-09-17 Last updated: 2017-12-05Bibliographically approved

Open Access in DiVA

No full text

Scopus

Search in DiVA

By author/editor
Stenbacka, Nils
By organisation
Department of Engineering Science
In the same journal
Welding and Cutting
Engineering and Technology

Search outside of DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric score

urn-nbn
Total: 102 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf