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Optimizing Product Cost

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Abstract

Expressions are derived for determining the cost of industrial products in small-scale production. Information technology may be effectively used to decrease the cost of multicomponent products, by decreasing the dimensional tolerances in machining.

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Funding

Financial support was provided by the Russian Ministry of Education and Science for the development of mathematical methods capable of predicting the economic value of commerce in space (project 26.1146.2017/4.6).

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Correspondence to A. A. Chursin.

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The authors declare that they have no conflicts of interest.

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Translated by B. Gilbert

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Cite this article

Boginsky, A.I., Chursin, A.A. Optimizing Product Cost. Russ. Engin. Res. 39, 940–943 (2019). https://doi.org/10.3103/S1068798X19110066

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  • DOI: https://doi.org/10.3103/S1068798X19110066

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