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Cost Estimation for the Marine Engine's Factory using Association Rule  

Oh, Kyung-Mo (Zerone Information Technology Co. Ltd.)
Park, Chang-Kwon (Department of Industrial Engineering, University of Ulsan)
Publication Information
IE interfaces / v.19, no.4, 2006 , pp. 342-354 More about this Journal
Abstract
The purpose of this thesis is to develop the schemes of supporting estimate for marine engines’ factories which are in a general make-to-order style. The marine engines’ factories currently use the method which depends on the past data and experiences handled by the responsible person, which causes inefficiency and inaccuracy in dealing with a huge amount of data. We apply association rule to solving the problems mentioned above. Critical data for analysis is filtered among materials that have been using actual records of performance so far. Secondly, relation with each part of marine engines through filtered data so that the company can estimate cost promptly and precisely if customers with similar components as requested. By proposed method of study estimate support efficient and supported exactly.
Keywords
cost estimation; make-to-order; data mining; similar components;
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