Title :
Cost optimization of PVC enterprise based on process manufacturing optimization model
Author :
Xu, Rui-yuan ; Shi, Hong-fa ; Zhou, Shu-gong
Author_Institution :
Coll. of Econ. & Manage., Hebei Univ. of Sci. & Technol., Shijiazhuang, China
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.
Keywords :
chemical industry; cost reduction; manufacturing processes; optimisation; PVC enterprise; PVC manufacturing company; acetylene production; cost optimization; equipment capacity; process manufacturing enterprises; process manufacturing optimization model; product price; product sales; production equipments; production process; production techniques; profit optimization; security production; Companies; Cost function; Cybernetics; Environmentally friendly manufacturing techniques; Machine learning; Manufacturing processes; Marketing and sales; Pollution; Production; Virtual manufacturing; PVC manufacturing; Process manufacturing optimization model; Product price; Product sales; Production cost; Profit optimization;
Conference_Titel :
Machine Learning and Cybernetics, 2009 International Conference on
Conference_Location :
Baoding
Print_ISBN :
978-1-4244-3702-3
Electronic_ISBN :
978-1-4244-3703-0
DOI :
10.1109/ICMLC.2009.5212653