Comparison of Cost Factors in Laser Processing of Materials and Traditional Metal Cutting Processes

Author(s):  
Alok K. Verma ◽  
Han P. Bao ◽  
Kartik Nagarathnam

Comparison of cost factors between traditional metal cutting process and laser cutting process has been made. The paper presents a generic cost estimation model for laser cutting of metals. Various types of lasers used in cutting have been discussed as well as the parameters affecting the cutting process.

2013 ◽  
pp. 675-688
Author(s):  
Ahmed Elragal ◽  
Moutaz Haddara

This chapter is an effort towards illustrating the use of expert panels (EP) as a means of eliciting knowledge from a group of enterprise resource planning (ERP) experts in an exploratory research. The development of a cost estimation model for ERP adoptions is very crucial for research and practice, and that was the main reason behind the willingness of experts to participate in this research. The use of EP was very beneficial as it involved various data collection and visualization techniques, as well as data validation and confirmation. Arguments for using EP over other group techniques are presented in this chapter. Experts modified and enhanced the initial cost drivers list and their sub-factors significantly, as they added, modified, merged and split different costs. Moreover, they ranked the cost drivers according to their weight on total costs. All of this helped the authors to better understand relationships among various cost factors.


Author(s):  
Ahmed Elragal ◽  
Moutaz Haddara

This chapter is an effort towards illustrating the use of expert panels (EP) as a means of eliciting knowledge from a group of enterprise resource planning (ERP) experts in an exploratory research. The development of a cost estimation model for ERP adoptions is very crucial for research and practice, and that was the main reason behind the willingness of experts to participate in this research. The use of EP was very beneficial as it involved various data collection and visualization techniques, as well as data validation and confirmation. Arguments for using EP over other group techniques are presented in this chapter. Experts modified and enhanced the initial cost drivers list and their sub-factors significantly, as they added, modified, merged and split different costs. Moreover, they ranked the cost drivers according to their weight on total costs. All of this helped the authors to better understand relationships among various cost factors.


Author(s):  
Aravindhan K

Cost estimation of software projects is risky task in project management field. It is a process of predicting the cost and effort required to develop a software applications. Several cost estimation models have been proposed over the last thirty to forty years. Many software companies track and analyse the current project by measuring the planed cost and estimate the accuracy. If the estimation is not proper then it leads to the failure of the project. One of the challenging tasks in project management is how to evaluate the different cost estimation and selecting the proper model for the current project. This paper summarizes the different cost estimation model and its techniques. It also provides the proper model selection for the different types of the projects.


Author(s):  
Adam Trendowicz ◽  
Jens Heidrich ◽  
Jürgen Münch ◽  
Yasushi Ishigai ◽  
Kenji Yokoyama ◽  
...  

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