By Sachin Karadgi
This ebook describes how production organizations, by way of reinforcing their present tracking and keep watch over of producing procedures, can effectively face the ever-increasing strain from inner and exterior environments to keep up their aggressive virtue. quite a few functionality size platforms were elaborated to meet those requisites, stressing the significance of monetary and operational metrics. It additionally highlights the truth that examine on producing and linking monetary and operational metrics, specially in real-time, has now not garnered enough cognizance so far. The ebook follows an technique that integrates agencies throughout diversified degrees and departments. by means of computing and linking the monetary and operational metrics in real-time, the booklet demonstrates tips on how to offer a complete view of a whole enterprise.
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Additional info for A Reference Architecture for Real-Time Performance Measurement: An Approach to Monitor and Control Manufacturing Processes
This cost assist to compare costs incurred during different period of time . 3. Direct cost represents “costs that can be specifically identified with an output” . 4. Indirect/overhead cost is stated as “costs of resources that are jointly or commonly used to produce two or more types of outputs, but cannot be specifically identified with any individual output or traced to a given cost object in an economically feasible way” . 5. Fixed cost is identified as “costs that remains unchanged in total for a given time period, despite wide changes in the related level of total activity or volume” .
Nevertheless, job-order costing can also be employed to measure costs of identical units of a distinct product [69, 188]. In contrast, process costing is used to calculate costs of products manufactured in a continuous process through a series of manufacturing activities . Process costing is also referred to as lean accounting . Here, the costs are measured periodically for processes, rather than products . , units require the same input, technology and effort , and are produced in high volume .
Distributed Control System (DCS) and Open Control System (OCS)), especially available on the shop floor. 3 Manufacturing Execution Systems 29 Fig. 8 Mapping of MESA MES model [133, 137], VDI 5600 Part 1 , and IEC 62264 [121–123] on different enterprise levels, adapted from  10. Logistics: The functionality, as part of inventory management tasks, involves managing the movement of raw materials, Work-in-Progress (WIP) and finished products. VDI defines VDI 5600 Part 1, especially for the German speaking community, for the introduction of MES in discrete industry .