Research and Practice on the Process Cost Estimation Based on Working Procedure of Railway Transportation Equipments
ABSTRACT
With the rapid development of Chinese economic, enterprise cost control and management of enterprise face enormous challenges. Traditional cost control and management are almost dominated by after-costing in mainland. Prior-cost estimation is generally based on statistical result of historical cost data. The theories of cost accounting and Enterprise Resource Planning are uses for reference. The prior-estimation of process-based cost of railway transportation equipments is researched and practiced from the product manufacturing process. In the view of refined management of costs, the constitution of the process cost is analyzed in manufacturing process of railway transportation equipments, and it is presented that a mathematical model of cost estimation based on working procedure. Enterprise could know the process cost of a product before it is manufactured by it. That provides a reliable basis for controlling and managing the enterprises prosecution cost. Then the process cost estimation based on working procedure of a gear is selected as an example, which is one of the gears in starting transmission of the railway locomotive diesel engine.
With the rapid development of Chinese economic, enterprise cost control and management of enterprise face enormous challenges. Traditional cost control and management are almost dominated by after-costing in mainland. Prior-cost estimation is generally based on statistical result of historical cost data. The theories of cost accounting and Enterprise Resource Planning are uses for reference. The prior-estimation of process-based cost of railway transportation equipments is researched and practiced from the product manufacturing process. In the view of refined management of costs, the constitution of the process cost is analyzed in manufacturing process of railway transportation equipments, and it is presented that a mathematical model of cost estimation based on working procedure. Enterprise could know the process cost of a product before it is manufactured by it. That provides a reliable basis for controlling and managing the enterprises prosecution cost. Then the process cost estimation based on working procedure of a gear is selected as an example, which is one of the gears in starting transmission of the railway locomotive diesel engine.
KEYWORDS
Refined Management, Process Cost, Cost Estimation, Working Procedure, Railway Transportation Equipments
Refined Management, Process Cost, Cost Estimation, Working Procedure, Railway Transportation Equipments
Cite this paper
nullZ. Ma, P. Lu, Z. Yang, Y. Sun and G. Qi, "Research and Practice on the Process Cost Estimation Based on Working Procedure of Railway Transportation Equipments," iBusiness, Vol. 3 No. 1, 2011, pp. 97-106. doi: 10.4236/ib.2011.31015.
nullZ. Ma, P. Lu, Z. Yang, Y. Sun and G. Qi, "Research and Practice on the Process Cost Estimation Based on Working Procedure of Railway Transportation Equipments," iBusiness, Vol. 3 No. 1, 2011, pp. 97-106. doi: 10.4236/ib.2011.31015.
References
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[1] J. M. Wayne, R. D. James and A. L. Hartgraves. “Management Accounting,” Shanghai University of Finance & Economics Press, Shanghai, 2005. [2] Y. Q. Ou and S. X. Yang, “Cost Accounting,” Capital University of Economics and Busniss Press, Beijing, 2003. [3] C. T. Horngren, G. Foster and S. M. Datar, “Cost Accounting,” Dongbei University of Finance & Economics Press, Dalian, 2000. [4] H. Luo, “ERP Principles, Design and Implementation,” Publishing House of Electronics Industry, 2009. [5] X. L. Wang, “Modern Process Management Technology,” China Railway Publishing House, Beijing, 2004. [6] Z. Q. Ma, “Research on Contemporary Technology and Process Management and Key Techniques,” Dalin jiaotong univercity, 2008. [7] Z. Q. Ma, Y. Yang and Z. G. Yang, “Research on Procedure-Based Technologyand Process Cost Assess- ment,” IEEE: The 4th International Conference on Management and Service Science (MASS 2010), No. 22402, August 2010. [8] Y. X. Yin, “Metal Cutting Machine Manual,” National Defence Industrial Press, 1964. [9] Z. X. Luo, L. P. Zhou and Y. D. Cheng, “Metal Cutting Machine Manual,” Chongqing University Press, Chong- qing, 1997.