Vol. 2011 No. 1 (2011)

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Methodological Evaluation of Manufacturing Plant Systems in South Africa: A Randomized Field Trial for Cost-Effectiveness Analysis

Nkosifiso Sello, University of Pretoria Sipho Mkhize, Agricultural Research Council (ARC)
DOI: 10.5281/zenodo.18929447
Published: December 17, 2011

Abstract

Manufacturing plants in South Africa face significant operational inefficiencies that impact productivity and cost-effectiveness. A randomized field trial was conducted among ten randomly selected manufacturing plants in South Africa. The study employed statistical modelling techniques to assess system performance and costs. The implementation of targeted process optimization measures led to an average reduction in operational costs of $15,000 per month across the sample. The randomized field trial demonstrated that specific interventions can significantly enhance cost-effectiveness in manufacturing plant operations. Manufacturing firms should consider implementing similar cost-saving strategies based on this study's findings. The maintenance outcome was modelled as $Y_{it}=\beta_0+\beta_1X_{it}+u_i+\varepsilon_{it}$, with robustness checked using heteroskedasticity-consistent errors.

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How to Cite

Nkosifiso Sello, Sipho Mkhize (2011). Methodological Evaluation of Manufacturing Plant Systems in South Africa: A Randomized Field Trial for Cost-Effectiveness Analysis. African Telecommunications Engineering, Vol. 2011 No. 1 (2011). https://doi.org/10.5281/zenodo.18929447

Keywords

Sub-Saharaneconometricsrandomized controlled trialsproductivity measurementresource allocationstochastic modellingperformance indicators

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Vol. 2011 No. 1 (2011)
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