Activity-Based Costing applied to automotive manufacturing
- Resource Type
- Conference
- Authors
- Jurek, Paul; Bras, Bert; Guldberg, Tina; D'Arcy, Jim; Oh, Seog-Chan; Biller, Stephan
- Source
- 2012 IEEE Power and Energy Society General Meeting Power and Energy Society General Meeting, 2012 IEEE. :1-7 Jul, 2012
- Subject
- Power, Energy and Industry Applications
Components, Circuits, Devices and Systems
Geoscience
Communication, Networking and Broadcast Technologies
Paints
Vehicles
Companies
Electricity
Load modeling
Costing
Predictive models
Automobile Manufacture
Energy
Energy Management
Mechanical Systems
Modeling
Load Modeling
Research and Development
- Language
- ISSN
- 1932-5517
1944-9925
This paper discusses a novel model, based on Activity-Based Costing, developed to analyze and predict energy usage in the manufacturing industry. In this approach, we have modified a cost management tool called Activity-Based Costing (ABC) to include environmental aspects along with costs metrics. A case study was performed on a General Motors (GM) manufacturing facility to evaluate Demand and Response offers from a local utility company to demonstrate the utility of this approach. This study resulted in an ABC predictive energy model which can be used with emerging Smart Grid opportunities to provide a competitive advantage to the manufacturing industry.