Vol.6, No.3, August 2017. ISSN: 2217-8309 eISSN: 2217-8333
TEM Journal
TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS Association for Information Communication Technology Education and Science |
Optimization of Cutting Conditions and Improvement of Production in Economic Terms
Darina Matisková, Ľubomír Ambriško
© 2017 Darina Matisková et al, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)
Citation Information: TEM Journal. Volume 6, Issue 3, Pages 584-590, ISSN 2217-8309, DOI: 10.18421/TEM63-21, August 2017.
Abstract:
In order for companies to succeed in terms of a market economy, rapidly growing competition and changing customer preferences, managers have to aim their activities mainly on optimization, cost reduction, increasing production flexibility and product quality. This paper deals with problems of economic costs of individual manufacturing operations. Optimization criterion addresses the minimization of production costs. In many cases, this can be done also by a maximization of productivity.
Keywords – Optimization criterion, economic costs, production cost minimization, optimization potential. |
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