Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing

Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to th...

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Main Authors:	Mohd Yazid, Abu, E. E., Mohd Nor, M. S., Abd Rahman
Format:	Conference or Workshop Item
Language:	English
Published:	IOP Publishing 2018
Subjects:	TS Manufactures
Online Access:	http://umpir.ump.edu.my/id/eprint/20983/ http://umpir.ump.edu.my/id/eprint/20983/ http://umpir.ump.edu.my/id/eprint/20983/1/Abu_2018_IOP_Conf._Ser.__Mater._Sci._Eng._342_012006.pdf

id	ump-20983
recordtype	eprints
spelling	ump-209832018-04-27T02:48:15Z http://umpir.ump.edu.my/id/eprint/20983/ Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman TS Manufactures Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to the costing system. Meanwhile, traditional costing accounting being practice has distortion in the cost unit which lead to inaccurate cost of product. The aim of this work is to identify the critical and non-critical variables during remanufacturing process using Mahalanobis-Taguchi System and simultaneously estimate the cost using Activity Based Costing method. The orthogonal array was applied to indicate the contribution of variables in the factorial effect graph and the critical variables were considered with overhead costs that are actually demanding the activities. This work improved the quality inspection together with costing system to produce an accurate profitability information. As a result, the cost per unit of remanufactured crankshaft of MAN engine model with 5 critical crankpins is MYR609.50 while Detroit engine model with 4 critical crankpins is MYR1254.80. The significant of output demonstrated through promoting green by reducing re-melting process of damaged parts to ensure consistent benefit of return cores. IOP Publishing 2018 Conference or Workshop Item PeerReviewed application/pdf en cc_by http://umpir.ump.edu.my/id/eprint/20983/1/Abu_2018_IOP_Conf._Ser.__Mater._Sci._Eng._342_012006.pdf Mohd Yazid, Abu and E. E., Mohd Nor and M. S., Abd Rahman (2018) Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing. In: IOP Conference Series: Materials Science and Engineering, International Conference on Innovative Technology, Engineering and Sciences 2018 (iCITES 2018), 1-2 March 2018 , Universiti Malaysia Pahang (UMP) Pekan Campus Library, Malaysia. pp. 1-10., 342 (012006). ISSN 1757-899X https://doi.org/10.1088/1757-899X/342/1/012006
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	TS Manufactures
spellingShingle	TS Manufactures Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
description	Integration between quality and costing system is very crucial in order to achieve an accurate product cost and profit. Current practice by most of remanufacturers, there are still lacking on optimization during the remanufacturing process which contributed to incorrect variables consideration to the costing system. Meanwhile, traditional costing accounting being practice has distortion in the cost unit which lead to inaccurate cost of product. The aim of this work is to identify the critical and non-critical variables during remanufacturing process using Mahalanobis-Taguchi System and simultaneously estimate the cost using Activity Based Costing method. The orthogonal array was applied to indicate the contribution of variables in the factorial effect graph and the critical variables were considered with overhead costs that are actually demanding the activities. This work improved the quality inspection together with costing system to produce an accurate profitability information. As a result, the cost per unit of remanufactured crankshaft of MAN engine model with 5 critical crankpins is MYR609.50 while Detroit engine model with 4 critical crankpins is MYR1254.80. The significant of output demonstrated through promoting green by reducing re-melting process of damaged parts to ensure consistent benefit of return cores.
format	Conference or Workshop Item
author	Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman
author_facet	Mohd Yazid, Abu E. E., Mohd Nor M. S., Abd Rahman
author_sort	Mohd Yazid, Abu
title	Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
title_short	Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
title_full	Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
title_fullStr	Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
title_full_unstemmed	Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing
title_sort	costing improvement of remanufacturing crankshaft by integrating mahalanobis-taguchi system and activity based costing
publisher	IOP Publishing
publishDate	2018
url	http://umpir.ump.edu.my/id/eprint/20983/ http://umpir.ump.edu.my/id/eprint/20983/ http://umpir.ump.edu.my/id/eprint/20983/1/Abu_2018_IOP_Conf._Ser.__Mater._Sci._Eng._342_012006.pdf
first_indexed	2023-09-18T22:30:36Z
last_indexed	2023-09-18T22:30:36Z
_version_	1777416259314384896

Costing improvement of remanufacturing crankshaft by integrating Mahalanobis-Taguchi System and Activity based Costing

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