Metrology processes contribute to entire manufacturing systems that can have a considerable impact on financial investment in coordinate measuring systems. However, there is a lack of generic methodologies to quantify their economical value in today’s industry. To solve this problem, a mathematical model is proposed in this paper by statistical deductive reasoning. This is done through defining the relationships between Process Capability Index, measurement uncertainty and tolerance band. The correctness of the mathematical model is proved by a case study. Finally, several comments and suggestions on evaluating and maximizing the benefits of metrology investment are given.
|Publication status||Published - 2011|
|Event||7th International Conference on Digital Enterprise Technology - Athens, Greece|
Duration: 28 Sep 2011 → 30 Sep 2011
|Conference||7th International Conference on Digital Enterprise Technology|
|Period||28/09/11 → 30/09/11|
- Economical Analysis
- ,Process Capability Index
- Statistical Process Control
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Decision Sciences(all)
Zhang, X., Maropoulos, P. G., Jamshidi, J., & Orchard, N. (2011). Economical analysis for investment on measuring systems. Paper presented at 7th International Conference on Digital Enterprise Technology, Athens, Greece.