Article ID: | iaor2009180 |
Country: | Netherlands |
Volume: | 111 |
Issue: | 2 |
Start Page Number: | 484 |
End Page Number: | 492 |
Publication Date: | Jan 2008 |
Journal: | International Journal of Production Economics |
Authors: | Cattrysse D., Duflou J.R., Collin P., Verlinden B. |
Keywords: | neural networks, statistics: regression, engineering |
Increasing competition in sheet metal operations has urged those companies to search for tools that generate accurate cost estimates within a short time period. The requirement for on-line generation implies that the underlying cost estimate needs to be generated without extensive process planning first. Analysis has been conducted on developing a less-detailed method, based on a brief analysis of the CAD-file. Cost formulas are composed by applying regression techniques and neural networks.