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Parametric vs. neural network models for the estimation of production costs: A case study in the automotive industry

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  • Cavalieri, Sergio
  • Maccarrone, Paolo
  • Pinto, Roberto

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  • Cavalieri, Sergio & Maccarrone, Paolo & Pinto, Roberto, 2004. "Parametric vs. neural network models for the estimation of production costs: A case study in the automotive industry," International Journal of Production Economics, Elsevier, vol. 91(2), pages 165-177, September.
    • Handle: RePEc:eee:proeco:v:91:y:2004:i:2:p:165-177
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    References listed on IDEAS

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    1. Shtub, Avraham & Zimerman, Yoav, 1993. "A neural-network-based approach for estimating the cost of assembly systems," International Journal of Production Economics, Elsevier, vol. 32(2), pages 189-207, September.
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    Cited by:

    1. Lai, Hsin-Hsi & Lin, Yang-Cheng & Yeh, Chung-Hsing & Wei, Chien-Hung, 2006. "User-oriented design for the optimal combination on product design," International Journal of Production Economics, Elsevier, vol. 100(2), pages 253-267, April.
    2. Ax, Christian & Greve, Jan & Nilsson, Ulf, 2008. "The impact of competition and uncertainty on the adoption of target costing," International Journal of Production Economics, Elsevier, vol. 115(1), pages 92-103, September.
    3. Duffner, Fabian & Mauler, Lukas & Wentker, Marc & Leker, Jens & Winter, Martin, 2021. "Large-scale automotive battery cell manufacturing: Analyzing strategic and operational effects on manufacturing costs," International Journal of Production Economics, Elsevier, vol. 232(C).
    4. Ahmadi, Sadra & Yeh, Chung-Hsing & Martin, Rodney & Papageorgiou, Elpiniki, 2015. "Optimizing ERP readiness improvements under budgetary constraints," International Journal of Production Economics, Elsevier, vol. 161(C), pages 105-115.
    5. Quintana, Guillem & Ciurana, Joaquim, 2011. "Cost estimation support tool for vertical high speed machines based on product characteristics and productivity requirements," International Journal of Production Economics, Elsevier, vol. 134(1), pages 188-195, November.
    6. Qian, Li & Ben-Arieh, David, 2008. "Parametric cost estimation based on activity-based costing: A case study for design and development of rotational parts," International Journal of Production Economics, Elsevier, vol. 113(2), pages 805-818, June.
    7. Carlos F. A. Arranz & Caleb Kwong & Vania Sena, 2023. "The effect of consumption and production policies on circular economy business models: A machine learning approach," Journal of Industrial Ecology, Yale University, vol. 27(4), pages 1089-1104, August.
    8. Kwon, He-Boong, 2017. "Exploring the predictive potential of artificial neural networks in conjunction with DEA in railroad performance modeling," International Journal of Production Economics, Elsevier, vol. 183(PA), pages 159-170.
    9. Chou, Jui-Sheng & Tai, Yian & Chang, Lian-Ji, 2010. "Predicting the development cost of TFT-LCD manufacturing equipment with artificial intelligence models," International Journal of Production Economics, Elsevier, vol. 128(1), pages 339-350, November.
    10. Marcin Relich & Arkadiusz Gola & Małgorzata Jasiulewicz-Kaczmarek, 2022. "Identifying Improvement Opportunities in Product Design for Reducing Energy Consumption," Energies, MDPI, vol. 15(24), pages 1-19, December.
    11. Lee, Jooh & Kwon, He-Boong, 2017. "Progressive performance modeling for the strategic determinants of market value in the high-tech oriented SMEs," International Journal of Production Economics, Elsevier, vol. 183(PA), pages 91-102.
    12. Verlinden, B. & Duflou, J.R. & Collin, P. & Cattrysse, D., 2008. "Cost estimation for sheet metal parts using multiple regression and artificial neural networks: A case study," International Journal of Production Economics, Elsevier, vol. 111(2), pages 484-492, February.
    13. Antonio Armillotta, 2021. "On the role of complexity in machining time estimation," Journal of Intelligent Manufacturing, Springer, vol. 32(8), pages 2281-2299, December.
    14. Duffner, F. & Wentker, M. & Greenwood, M. & Leker, J., 2020. "Battery cost modeling: A review and directions for future research," Renewable and Sustainable Energy Reviews, Elsevier, vol. 127(C).
    15. Caputo, Antonio C. & Pelagagge, Pacifico M., 2008. "Parametric and neural methods for cost estimation of process vessels," International Journal of Production Economics, Elsevier, vol. 112(2), pages 934-954, April.
    16. Bodendorf, Frank & Xie, Qiao & Merkl, Philipp & Franke, Jörg, 2022. "A multi-perspective approach to support collaborative cost management in supplier-buyer dyads," International Journal of Production Economics, Elsevier, vol. 245(C).
    17. Deng, S. & Yeh, Tsung-Han, 2011. "Using least squares support vector machines for the airframe structures manufacturing cost estimation," International Journal of Production Economics, Elsevier, vol. 131(2), pages 701-708, June.
    18. Ibrahim, Awad Elsayed Awad & Elamer, Ahmed A. & Ezat, Amr Nazieh, 2021. "The convergence of big data and accounting: innovative research opportunities," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    19. H'mida, Fehmi & Martin, Patrick & Vernadat, Francois, 2006. "Cost estimation in mechanical production: The Cost Entity approach applied to integrated product engineering," International Journal of Production Economics, Elsevier, vol. 103(1), pages 17-35, September.
    20. Johnson, Michael D. & Kirchain, Randolph E., 2009. "Quantifying the effects of product family decisions on material selection: A process-based costing approach," International Journal of Production Economics, Elsevier, vol. 120(2), pages 653-668, August.
    21. Johnson, Michael & Kirchain, Randolph, 2009. "Quantifying the effects of parts consolidation and development costs on material selection decisions: A process-based costing approach," International Journal of Production Economics, Elsevier, vol. 119(1), pages 174-186, May.
    22. Nasser Amaitik & Ming Zhang & Zezhong Wang & Yuchun Xu & Gareth Thomson & Yiyong Xiao & Nikolaos Kolokas & Alexander Maisuradze & Oscar Garcia & Michael Peschl & Dimitrios Tzovaras, 2022. "Cost Modelling to Support Optimum Selection of Life Extension Strategy for Industrial Equipment in Smart Manufacturing," Circular Economy and Sustainability, Springer, vol. 2(4), pages 1425-1444, December.
    23. Ciurana, J. & Quintana, G. & Garcia-Romeu, M.L., 2008. "Estimating the cost of vertical high-speed machining centres, a comparison between multiple regression analysis and the neural networks approach," International Journal of Production Economics, Elsevier, vol. 115(1), pages 171-178, September.

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