Using Value Stream Mapping for Financial Analysis
Abstract
This paper presents an effective process for cost modeling for the selective laser sintering (SLS) process used in manufacturing practices. the paper discusses the various factors that influence the total cost of a build on a small SLS machine. These factors, which include labor and overhead rates, material cost, and process time, combine to generate the driving force behind a manufacturer's decision to use an SLS machine for mass production or not. the financial analysis of the SLS process is formulated from the creation and evaluation of a current state value stream map. This value stream map presents a clear representation of each step of the SLS process. a cost is assigned to each of these steps and then they are summed in order to effectively assign the total cost of a particular production build. This paper uses information from published documents about SLS, papers and books written about effective cost modeling and value stream mapping, and build time data recorded on-site. Copyright© (2009) by the American Society for Engineering Management.
Recommended Citation
E. Tucker and E. A. Cudney, "Using Value Stream Mapping for Financial Analysis," 30th Annual National Conference of the American Society for Engineering Management 2009, ASEM 2009, pp. 766 - 771, American Society of Engineering Management, Dec 2009.
Department(s)
Engineering Management and Systems Engineering
International Standard Book Number (ISBN)
978-161738105-8
Document Type
Article - Conference proceedings
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2024 American Society for Engineering Management, All rights reserved.
Publication Date
01 Dec 2009
