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Optimization of Production Decision-Making in Manufacturing: A Cost-Control-Oriented Study

In: Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)

Author

Listed:
  • Zaisheng Zhu

    (Ningbo University of Finance & Economics, School of Digital Technology and Engineering)

  • Guojie Zheng

    (Ningbo University of Finance & Economics, School of Digital Technology and Engineering)

  • Qi Wang

    (Ningbo University of Finance & Economics, School of Digital Technology and Engineering)

  • Xuejiao Lu

    (Lingzhi Equipment Co., Ltd.)

  • Huiping Liu

    (Lingzhi Equipment Co., Ltd.)

Abstract

The swift advancement of the electronics manufacturing sector poses two critical issues for enterprises: maintaining high product quality and achieving cost efficiency. This research tackles the issue of incomplete information by developing and refining a sampling and inspection framework, proposing a cost-effectiveness minimization model, and optimizing decision-making strategies for multi-processes and spare parts management. The objective is to offer tailored solutions for production-related decisions. This work enhances the quality of production decision-making and streamlines cost management, serving as a valuable reference for other manufacturing businesses.

Suggested Citation

  • Zaisheng Zhu & Guojie Zheng & Qi Wang & Xuejiao Lu & Huiping Liu, 2025. "Optimization of Production Decision-Making in Manufacturing: A Cost-Control-Oriented Study," Advances in Economics, Business and Management Research, in: Manhui Huang & Vilas B. Gaikar & Md Rabiul Islam & Ivan Krumov Todorov (ed.), Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024), pages 383-393, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-676-5_37
    DOI: 10.2991/978-94-6463-676-5_37
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