Cost optimization of PVC enterprise based on process manufacturing optimization model
Rui-yuan Xu, Hong-Fa Shi, Zhou Shu-gong
Abstract
Rui-yuan Xu, Hong-Fa Shi, Zhou Shu-gong
Abstract
Process manufacturing enterprises are different from the other type enterprises. The production process of these enterprises is usually limited by production techniques and equipments. The quantity of production is also restricted by equipment capacity and security production. In order to lower cost, Process manufacturing enterprises have to carry out profit optimization according to the product price and product sales. Considering the demand of process manufacturing enterprise, we optimize the cost of working procedure and dealing with the intermediate and castoff and put forward a new type process manufacturing optimization model. Combining with a product practice of PVC manufacturing company, we make use of the process manufacturing optimization model to optimize production cost and intermediate and castoff cost of the acetylene production department of the company. It makes the company achieve a bigger profit. The model which the paper puts forward can play an very important role in lowering cost of the process manufacturing enterprise. The paper also provides some new cost analyze methods which haven't been used before for the researchers to be discussed.
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Process manufacturing enterprises are different from the other type enterprises. The production process of these enterprises is usually limited by production techniques and equipments. The quantity of production is also restricted by equipment capacity and security production. In order to lower cost, Process manufacturing enterprises have to carry out profit optimization according to the product price and product sales. Considering the demand of process manufacturing enterprise, we optimize the cost of working procedure and dealing with the intermediate and castoff and put forward a new type process manufacturing optimization model. Combining with a product practice of PVC manufacturing company, we make use of the process manufacturing optimization model to optimize production cost and intermediate and castoff cost of the acetylene production department of the company. It makes the company achieve a bigger profit. The model which the paper puts forward can play an very important role in lowering cost of the process manufacturing enterprise. The paper also provides some new cost analyze methods which haven't been used before for the researchers to be discussed.
Key concepts: Profit (economics), Manufacturing engineering, Process (computing), Manufacturing cost, Production (economics), Computer science, Manufacturing, Product (mathematics)