2014
DOI: 10.15446/ing.investig.v34n1.42797
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Procedure for calculating added value: application in the medium-voltage fuse industry

Abstract: This paper presents a procedure to calculate the added value of a process, through a pull manufacturing approach. The procedure allows calculating the selling price, the added value for each operation and the capital required to purchase the raw material. Additionally, the procedure sets the added value of the product for each operation, analyzing its increase or decrease based on the difference between the raw material cost and the purchasing budget. Finally, the results of its application in a medium-voltage… Show more

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Cited by 2 publications
(2 citation statements)
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“…For the parameter 𝛽 and 𝛾, we refer to Jegajeevan (2016). We suppose that parameter 𝑚 has a value of 0.07, assume that the manufacture added value is around 14.23 times refer to Zamora et al (2014). Meanwhile, for 𝜌 1 and 𝜌 2 , we assume the values of 0.95 for each parameter.…”
Section: Calibration and Model Solutionmentioning
confidence: 99%
“…For the parameter 𝛽 and 𝛾, we refer to Jegajeevan (2016). We suppose that parameter 𝑚 has a value of 0.07, assume that the manufacture added value is around 14.23 times refer to Zamora et al (2014). Meanwhile, for 𝜌 1 and 𝜌 2 , we assume the values of 0.95 for each parameter.…”
Section: Calibration and Model Solutionmentioning
confidence: 99%
“…Several studies emerged to supply sectoral issues, as well as to contribute to industry development (Zamora, Delgado, and Sarache, 2014; Pena-Montoya, Osorio-Gomez, Vidal-Holguin, Torres-Lozada, and Marmolejo-Rebellon, 2015; UN/ICC 2015; García-Alcaraz, Adarme-Jaimes, and Blanco-Fernández, 2016;, Vanacker et al, 2017;De Araujo et al, 2018a,b,c;Martins, Steiner, Wilhem, Steiner Neto, and Santos, 2018;Realyvásquez, Maldonado-Macías, García-Alcaraz, 2018;Vishwakarma, Nema, and Sangle, 2018, and others).…”
Section: Introductionmentioning
confidence: 99%