Thompson Technology: A Case Study in Controlling Labor Costs – Scenario B: Flexible Scheduling

2012 ◽  
Author(s):  
Myrna Gusdorf
Keyword(s):  
Flexible Scheduling ◽  
Labor Costs

Improved moth flame optimization algorithm to optimize cost-oriented two-sided assembly line balancing

2019 ◽  
Vol 37 (2) ◽  
pp. 638-663
Author(s):  
Mohd Fadzil Faisae Ab. Rashid ◽  
Ahmad Nasser Mohd Rose ◽  
Nik Mohd Zuki Nik Mohamed ◽  
Fadhlur Rahman Mohd Romlay
Keyword(s):  
Assembly Line ◽  
Assembly Line Balancing ◽  
Line Balancing ◽  
Benchmark Problems ◽  
Labor Costs ◽  
Power Cost ◽  
Content Type ◽  
Set Up ◽  
Line Design

Purpose This paper aims to propose an improved Moth Flame Optimization (I-MFO) algorithm to optimize the cost-oriented two-sided assembly line balancing (2S-ALB). Prior to the decision to assemble a new product, the manufacturer will carefully study and optimize the related cost to set up and run the assembly line. For the first time in ALB, the power cost is modeled together with the equipment, set up and labor costs. Design/methodology/approach I-MFO was proposed by introducing a global reference flame mechanism to guide the global search direction. A set of benchmark problems was used to test the I-MFO performance. Apart from the benchmark problems, a case study from a body shop assembly was also presented. Findings The computational experiment indicated that the I-MFO obtained promising results compared to comparison algorithms, which included the particle swarm optimization, Cuckoo Search and ant colony optimization. Meanwhile, the results from the case study showed that the proposed cost-oriented 2S-ALB model was able to assist the manufacturer in making better decisions for different planning periods. Originality/value The main contribution of this work is the global reference flame mechanism for MFO algorithm. Furthermore, this research introduced a new cost-oriented model that considered power consumption in the assembly line design.

Survival strategy of OEM companies: a case study of the Chinese toy industry

2016 ◽  
Vol 36 (9) ◽  
pp. 1065-1088 ◽  
Author(s):  
Dezhi Chen ◽  
William Wei ◽  
Daiping Hu ◽  
Etayankara Muralidharan
Keyword(s):  
Business Models ◽  
Low Cost ◽  
Transition Process ◽  
Labor Costs ◽  
Original Design ◽  
Content Type ◽  
Industry Chain ◽  
The Status ◽  
Toy Industry

Purpose Although there have been many discussions on the status and development of original equipment manufacturers (OEMs), theory on how they survive is minimal. Little is known about how OEMs survive and upgrade to other business models, such as original design manufacturers (ODMs) and original brand manufacturers (OBMs), in emerging economies. The purpose of this paper is to extend the theory on the survival path of OEMs from the perspective of emerging countries by examining how OEMs survive cost pressures and upgrade to ODMs or OBMs. Design/methodology/approach Using a multi-case study method, this study analyzes the survival path employed by OEMs by examining eight firms in the Chinese toy industry. Findings This study shows that OEMs remain weak in the global toy industry chain due to labor costs. While some OEMs move to low-cost regions, others turn to OBM management, after transitioning through an ODM model, by investing in research and development and marketing. Originality/value This study explores the survival paths of OEM enterprises, showing that OEMs can first upgrade to ODMs and then to OBMs, or they can directly upgrade to OBMs. Shifting from OEM to ODM is an important step in the transition process, although the contract that OEMs have with their foreign partners does not change significantly.

scholarly journals Strategic view of internationalization process, a case study

2021 ◽  
pp. 5-16
Author(s):  
Prof. Dr. Sertif DEMİR ◽  
Associate Prof. Dr. R. Dilek KOÇAK
Keyword(s):  
Middle East ◽  
Multinational Corporation ◽  
Internationalization Process ◽  
Free Entry ◽  
Labor Costs ◽  
Effective Demand ◽  
Construction Company ◽  
Locational Advantage ◽  
Oli Paradigm

This study aims at examining the Slovenian airdrome multinational corporation construction Company, in OLI paradigm factors, notably focusing on how the OLI paradigm can be utilized to explain the course of the company for the decision of internationalization production. The major outcome of this study demonstrates that among the OLI paradigm, ownership and location advantages can best explain the Company’s internationalization of production as the Company has the monopolistic advantage in production airdrome in Balkans, at old Soviets countries, and the Middle East and those regions present locational advantage because of their effective demand capacity, low labor costs, free entry markets.

scholarly journals PENGARUH BIAYA PAKAN DAN TENAGA KERJA TERHADAP KEUNTUNGAN USAHA AYAM RAS PETELUR MILIK VONY KANAGA DI KELURAHAN TAWAAN KOTA BITUNG (Study kasus)

ZOOTEC ◽  
2017 ◽  
Vol 37 (2) ◽  
pp. 207
Author(s):  
Brian Tumion ◽  
V V.J Panelewen ◽  
A Makalew ◽  
B Rorimpandey
Keyword(s):  
Linear Regression Analysis ◽  
Secondary Data ◽  
Research Problem ◽  
Multiple Linear Regression Analysis ◽  
Labor Cost ◽  
Labor Costs ◽  
Measured Variable ◽  
Chicken Farm ◽  
The Cost

ABSTRACTEFFECT OF FEED AND OPERATING COSTS ON PROFIT OF CHICKEN LAYING FARM OWNED BY VONY KANAGA AT TAWAAN VILLAGE IN BITUNG CITY (Case study). This research was conducted in Vony Kanaga laying farm located in District Ranowulu Bitung City. The research problem was how the influence of feed and labor costs to the amount of profits and how much profit can be obtained at the company laying chicken farm in the district of Bitung City Ranowulu. The purpose of this study is to determine the effect of feed and labor costs against profits in laying chicken company, to find out the benefits of the company laying chicken farm in the district of Bitung City Ranowulu. The data collection method is using a field survey using primary and secondary data. Subdistrict Ranowulu Bitung determined based on the largest population in the city of Bitung. Model analysis of data that multiple linear regression analysis and profit. The measured variable is the cost of feed, labor costs and profits. The result showed that the average cost of laying chicken feed per day is Rp. 7.813.410. The average labor cost per day is Rp. 2.388.000. Total Proceeds from the sale of eggs and feces in the company-owned chicken laying Vony Kanaga Rp. 13.514.520 so as to obtain profit of Rp. 3.313.110. Based on the results of this study concluded that the cost of feed and labor simultaneously significant effect on profits in the company-owned farm chicken laying Vony Kanaga in District Ranowulu Bitung City. Company-owned farm chicken laying Vony Kanaga in District Ranowulu gives an average profit of Rp. 3.313.110 Keywords: Feed Cost, Labor Cost, Pro

Balancing a mixed-model assembly line with unskilled temporary workers: algorithm and case study

2018 ◽  
Vol 38 (4) ◽  
pp. 511-523 ◽  
Author(s):  
Dongwook Kim ◽  
Dug Hee Moon ◽  
Ilkyeong Moon
Keyword(s):  
Genetic Algorithm ◽  
Assembly Line ◽  
Mixed Model ◽  
Hybrid Genetic Algorithm ◽  
Temporary Workers ◽  
Labor Costs ◽  
Content Type ◽  
Mixed Model Assembly Line ◽  
Mixed Model Assembly

PurposeThe purpose of this paper is to present the process of balancing a mixed-model assembly line by incorporating unskilled temporary workers who enhance productivity. The authors develop three models to minimize the sum of the workstation costs and the labor costs of skilled and unskilled temporary workers, cycle time and potential work overloads.Design/methodology/approachThis paper deals with the problem of designing an integrated mixed-model assembly line with the assignment of skilled and unskilled temporary workers. Three mathematical models are developed using integer linear programming and mixed integer linear programming. In addition, a hybrid genetic algorithm that minimizes total operation costs is developed.FindingsComputational experiments demonstrate the superiority of the hybrid genetic algorithm over the mathematical model and reveal managerial insights. The experiments show the trade-off between the labor costs of unskilled temporary workers and the operation costs of workstations.Originality/valueThe developed models are based on practical features of a real-world problem, including simultaneous assignments of workers and precedence restrictions for tasks. Special genetic operators and heuristic algorithms are used to ensure the feasibility of solutions and make the hybrid genetic algorithm efficient. Through a case study, the authors demonstrated the validity of employing unskilled temporary workers in an assembly line.

scholarly journals PERHITUNGAN HARGA POKOK PRODUKSI KERIPIK BAYAM DENGAN METODE FULL COSTING (Studi Kasus Industri Rumah Tangga Keripik Bayam di Kelurahan Mugirejo Kecamatan Sungai Pinang Kota Samarinda) (The Calculation of Production Basic Price of Spinach Chips By Full Costing Method (Case Study at Household Industry of Spinach Chips in Mugirejo Urban Village Sungai Pinang Subcity Samarinda City))

2019 ◽  
Vol 2 (1) ◽  
pp. 35
Author(s):  
DINA LESMANA ◽  
ANGGUN SAPUTRI
Keyword(s):  
Secondary Data ◽  
Production Costs ◽  
Raw Material ◽  
Added Value ◽  
Variable Cost ◽  
Fixed Cost ◽  
Labor Costs ◽  
Urban Village ◽  
Basic Price

The high added value is obtained by agro-industry entrepreneurs increase competition. An effort has made to increase profit  is processing spinach into spinach chips. The purpose of this study was to calculate the production basic price. Research was conducted from August to October 2018 in the home industry spinach chips in Mugirejo Urban Village, Sungai Pinang Subcity, Samarinda City. The data collected was primary and secondary data. Method of data analysis used the full costing method. The result of the study showed that the production costs incurred by home industry of the spinach chips monthly including raw material costs of IDR1,511,000.00; direct labor costs of IDR2,500,000.00; variable cost of factory overhead of Rp755,000.00; and fixed cost of factory overhead of IDR306.583,33. The calculation result of basic price monthly in household industry of spinach chips is IDR5,072,583.33. The monthly sales is IDR16,500,000.00 and the monthly profit obtained by the household industry of spinach chips is IDR11,427,416.67.

scholarly journals Effect of Calculation of Cost of Production on Selling Price of Products Manufacturing Companies in Papua (Case Study CV. Sagita Grafika)

2016 ◽  
Vol 7 (3) ◽  
pp. 6-10
Author(s):  
Mugiati ◽  
Bosta Sihombing
Keyword(s):  
Secondary Data ◽  
Primary Data ◽  
Selling Price ◽  
Manufacturing Companies ◽  
Labor Costs ◽  
Total Cost ◽  
Method Of Calculation ◽  
The Cost ◽  
Costing Analysis

This study aims to determine how the effect of calculating the cost of an order made by the company and the method of calculation of full costing of the product selling price fixing mold. The data used is primary data, order data produced in the period from January 2013 to December 2013, the secondary data obtained from interviews and literature. From these results it can be seen that CV. Sagita Grafika calculate the cost of the product by using the order cost method that produces cost price and the selling price that is incompatible with existing theory, in which the charging of indirect labor and overhead costs shared equally on all types of orders in the amount of Rp. 11.78825 million for indirect labor costs and Rp. 3.1243 million for overhead costs so that volume orders will bear fewer overhead costs equal to the volume of orders more. By using a full costing analysis generated calculation method that the volume of orders that more will earn imposition overhead costs more, because in this calculation loading overhead costs charged by direct labor hours incurred for each order. So that orders with a total volume that many will use a lot of labor hours and vice versa. So in this study that most large orders received charging overhead is the order BS-02 Rp. 31,115,590.92 and most orders received little overhead loading is KK-01 orders in the amount of Rp. 2,208,622.32. Results of a comparison between the cost of the company with the full costing is the total cost of less Rp. 27,499,540.57, the selling price of Rp. 5,866,543.90, while the larger profit generated by using the full costing method that is Rp. 21,632,996.67

Sign in / Sign up

Export Citation Format

Share Document