Optimization of Production Decision-Making in Manufacturing: A Cost-Control-Oriented Study

Zaisheng Zhu (), Guojie Zheng (), Qi Wang (), Xuejiao Lu () and Huiping Liu ()
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Zaisheng Zhu: Ningbo University of Finance & Economics, School of Digital Technology and Engineering
Guojie Zheng: Ningbo University of Finance & Economics, School of Digital Technology and Engineering
Qi Wang: Ningbo University of Finance & Economics, School of Digital Technology and Engineering
Xuejiao Lu: Lingzhi Equipment Co., Ltd.
Huiping Liu: Lingzhi Equipment Co., Ltd.

A chapter in Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024), 2025, pp 383-393 from Springer

Abstract: Abstract The swift advancement of the electronics manufacturing sector poses two critical issues for enterprises: maintaining high product quality and achieving cost efficiency. This research tackles the issue of incomplete information by developing and refining a sampling and inspection framework, proposing a cost-effectiveness minimization model, and optimizing decision-making strategies for multi-processes and spare parts management. The objective is to offer tailored solutions for production-related decisions. This work enhances the quality of production decision-making and streamlines cost management, serving as a valuable reference for other manufacturing businesses.

Keywords: Incomplete information; cost minimization; mathematical models; production decisions (search for similar items in EconPapers)
Date: 2025
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DOI: 10.2991/978-94-6463-676-5_37

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