Article ID: | iaor1994483 |
Country: | United Kingdom |
Volume: | 31 |
Issue: | 10 |
Start Page Number: | 2275 |
End Page Number: | 2285 |
Publication Date: | Oct 1993 |
Journal: | International Journal of Production Research |
Authors: | Chen R., Strong D., Hawaleshka O. |
An economic model for raw material selection is presented and a case analysis is given. The model considers two decision factors: initial raw material cost and additional manufacturing costs incurred due to inappropriateness of raw material quality. This additional manufacturing cost may include items such as: extra operator cost, extra machine cost and extra quality cost.