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Minimizing the internal costs for the new battery container at Company X

Klaas, Ruben (2021) Minimizing the internal costs for the new battery container at Company X.

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Abstract:This research has been performed at The company. The company is making producing compressors and gas turbines. Next to this, they are also developing products for the sustainable energy market. They have developed a Battery energy storage system (BESS) of 45 KWh and are developing a BESS of 500 KWh and a hydrogen generator. This study focuses on the development and production of the 45 KWh BESS, the product and is executed at the engineering department of the company. The company has executed the first project on the product, during which they developed and produced three of the product’s by themselves. During this project, they encountered a lot of problems and were able to learn a lot for future projects. However, the budget that was made for this project has been far exceeded. The company wants to close this gap between budgeted cost and actualized cost. This will be the main focus of this research. From this goal, the following research question can be stated: How can the gap between budgeted and actualized costs for the product projects be minimized?
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:01 general works, 50 technical science in general
Programme:Industrial Engineering and Management BSc (56994)
Link to this item:http://purl.utwente.nl/essays/88336
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