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http://dx.doi.org/10.22156/CS4SMB.2021.11.08.008

Application of Throughput Costing in Smart Factory Manufacturing Environment  

Kim, Kyung-Ihl (Division of Convergence Management, Korea National University of Transportation)
Publication Information
Journal of Convergence for Information Technology / v.11, no.8, 2021 , pp. 8-13 More about this Journal
Abstract
The purpose of this study is to propose a throughput costing as a performance measurement tool to measure cost indicators, which are one of the indicators for evaluating organizational performance in a smart factory manufacturing environment. An empirical study by questionnaire was conducted, and 60 experts were surveyed to verify the hypothesis. As a result of the study, it was concluded that the information provided based on throughput costing is helpful in cost measurement and in evaluating organizational performance efficiency and effectiveness, and it was confirmed that this method has usefulness to support the planning and control process. It is proposed that the use of throughput costing by constraint theory, which can maximize throughput and optimize inventory levels in the manufacturing process, can find solutions to bottlenecks affecting the efficiency and effectiveness of organizational performance.
Keywords
Smart Factory; Troughput Costing; Constraints Theory; Bottle neck; Organization's performance;
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