From theoretical time to actual cost.

The problem

Across several projects, theoretical cycle times excluded downtime, maintenance, delays and other events that affect cost.

Process analysis attributes actual cycle and stage times, downtime, delays and maintenance, including energy consumption where provided for.

Data is correlated with machine, labour, material costs and business information to compare actual cost with prices and price lists.

The theoretical estimate is supplemented by an economic view of the real process, supporting decisions about margins and price lists.

The same real-time data can feed planning.

Time, event and cost attribution rules are defined around the process. This case brings together experience from several projects.