Angle variation in free form grinding to improve surface roughness

Stock-Market Related Price Determination in Consideration of Time Dynamic Cost Factors

Kategorien Konferenz (reviewed)
Jahr 2014
Autoren Nemeti, A., Denkena, B.:
Veröffentlicht in 9th CIRP Conference on Intelligent Computation in Manufacturing Engineering, CIRP ICME '14, Capri, 16 - 18 July 2014, 6 S.

Providing their customers with the most accurate pricing has become one of the key competitive factors ensuring commercial success for tool and mould manufacturers. However, time dynamic costs influence the pricing calculations significantly, indeed, they are rarely taken into consideration adequately. This paper presents an approach which allows to improve conventional tool performances by developing a novel forecasting method which combines mechanisms related to the stock market with techniques of stochastic prediction methods.