Influence of structure of manufacturing system and amount of investment on production costs

Abstract

Today’s business of manufacturing systems is entirely dictated by the dynamics of the market and every day there is a need for adjustment of the structure and parameters of associated manufacturing systems. Those adjustments should ensure the operation of manufacturing systems in more favourable manufacturing and economic conditions, and often this process is directly linked with the starting of investment process. On the other hand, every day practice proves that evaluation of investment program during selection of structure of manufacturing system with the aim to accomplish production plans and reduction of production costs is often based on insufficient sets of information. Lack of information may result in inappropriate insight into overall techno-economic effects that can be achieved by investment program. Within this paper are presented researches which resulted in development of a new systematic approach in the analysis of potential structures and parameters of manufacturing systems with the aim to plan, project or reengineer manufacturing systems on the basis of minimal production costs.