WSEAS Transactions on Advances in Engineering Education
Print ISSN: 1790-1979, E-ISSN: 2224-3410
Volume 21, 2024
Economic Modelling of the Manufacturing Machines Competitiveness
Authors: ,
Abstract: The paper refers to a method of competitive management of the machines of the manufacturing systems in the conditions that they execute small series works to order. In practice, order acceptance decisions and production planning are usually taken separately. The sales department makes decisions regarding the acceptance of orders, while the production department is responsible for production planning for the fulfillment of accepted orders. In most cases, the decision to accept the order does not involving the production department and the information about the planning of available production capacities is incomplete. In this context, the purpose of the paper is to highlight the econometric correlations between technique-technology and competitiveness, to study the role of the parameters related to them in the acquisition, and increase the manufacturing machines' competitiveness.
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Keywords: manufacturing machines system, monitoring and control of manufacturing process, manufacturing machines' competitiveness, performance of the manufacturing system, profit rate, market, customer requirements
Pages: 26-30
DOI: 10.37394/232010.2024.21.4