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| Author: | Ting, P.-K. Zhang, C. Wang, B. Deshmukh, A. |
| Title: | Product and process cost estimation with fuzzy multi-attribute utility theory |
| Journal: | Engineering Economist
1999 : VOL. 44:4, p. 303-331 |
| Index terms: | Cost accounting Production management Operations management |
| Language: | eng |
| Abstract: | The goal of this study is to develop a set of efficient procedures for providing the manufacturing industry with the ability to assess and evaluate the cost of new technologies and affordability at early product engineering design stages. It presents a method of integrating a fuzzy costing method and expert opinions to develop a cost model, namely "fuzzy multi-attribute utility (FMAU) model," for incomplete, uncertain data. |
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