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Esprit Project 6922 - Computer Integrated Product Costing System (CIP-COST)

 Objectives
The objective of CIP-COST is to develop an integrated set of product costing software that integrates with and uses data from material management and production planning systems. The software will be aimed at manufacturing companies who produce a substantial number of customised products mixed in with standard products.
 
Functions addressed by the system will include:
  • overhead analysis and allocation and cost driver identification
  • identification of limiting factors of production and their cost implications
  • identification of unused resources
  • profit potential analysis
  • analysis of historical data
To support the costing system, information on factory and cell capacity can be input manually or from existing factory planning and cell scheduling systems.
 
A pilot demonstration and evaluation are foreseen at a factory in the Stork group, where it is expected that the results will be used in parallel with current product costing networks. Results of the project will be incorporated in products marketed by the consortium members.
 Keywords
Product costing; activity based costing; throughput accounting; customised products.
 Partners
Human Centred Systems (UK)
Technopolis (IT)
Stork Demtec (NL)
Intervisie (NL)
Cheshire Henbury (UK)
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