Earning Power Modelling for Manufacturing Operation

Author:

Luiza Daschievici1,Daniela Ghelase1

Affiliation:

1. Faculty of Engineering and Agronomy, Braila, “Dunarea de Jos” University of Galati, ROMANIA

Abstract

One of the most important criteria to consider while analysing the MTO company’s ability to make a profit in a competitive market is earning power. Specifically, this is defined by the Earning Power criterion. This means that the Earning Power modelling is a solid strategy for selecting and assessing which orders will bring profit to companies. As a result, a company manager must provide a model that can interact with the economic environment to make an offer and a price quotation to ensure the competitiveness of the company. In this article, we analyse this criterion for the processing operation.

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

Computer Science Applications,Control and Systems Engineering

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