Manufacturing Decision Optimization Based on Sequential Testing and Cost-Benefit Analysis

In the production process of enterprises, the reasonable decision of each link often affects the profits and costs of enterprises. In order to help enterprises reduce production costs, this paper uses the sequential test method to calculate the reliability of 95% and 90% of the two cases of the significance level and testing force, according to the results to calculate the upper and lower limit threshold and the likelihood ratio of the two cases, the likelihood ratio and the upper and lower threshold of the relationship is compared, so as to obtain the number of tests as little as possible sampling detection scheme; At the same time, this paper establishes a cost-benefit analysis model, calculates and compares the costs and losses (gains) of the four links of parts testing, finished product testing, disassembly of unqualified products and disposal of unqualified products, and obtains specific decision plans for each situation, so as to help enterprises make efficient production decisions.

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Publication Details

Journal
Highlights in Science Engineering and Technology
Published
2025-05-23
DOI
https://doi.org/10.54097/q2d7qs07
Primary Topic
Manufacturing Process and Optimization
Type
article
Field-Weighted Citation Impact
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article

Manufacturing Decision Optimization Based on Sequential Testing and Cost-Benefit Analysis

Xin Miao, Dan Huang
Highlights in Science Engineering and Technology
Manufacturing Process and Optimization
article

Manufacturing Decision Optimization Based on Sequential Testing and Cost-Benefit Analysis

Xin Miao, Dan Huang
article en

Abstract

In the production process of enterprises, the reasonable decision of each link often affects the profits and costs of enterprises. In order to help enterprises reduce production costs, this paper uses the sequential test method to calculate the reliability of 95% and 90% of the two cases of the significance level and testing force, according to the results to calculate the upper and lower limit threshold and the likelihood ratio of the two cases, the likelihood ratio and the upper and lower threshold of the relationship is compared, so as to obtain the number of tests as little as possible sampling detection scheme; At the same time, this paper establishes a cost-benefit analysis model, calculates and compares the costs and losses (gains) of the four links of parts testing, finished product testing, disassembly of unqualified products and disposal of unqualified products, and obtains specific decision plans for each situation, so as to help enterprises make efficient production decisions.

Highlights in Science Engineering and TechnologyVol. 140
Tianjin University of Science and Technology (CN)
Openalex Percentile: Top 85%
Manufacturing Process and Optimization
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