Open Journal of Social Sciences, 2021, 9, 53-64 https://www.scirp.org/journal/jss ISSN Online: 2327-5960 ISSN Print: 2327-5952 DOI: 10.4236/jss.2021.912004 Dec. 7, 2021 53 Open Journal of Social Sciences Integration of Production and Cost Models in Model-Based Product Development Kathrin Spütz * , Georg Jacobs, Christian Konrad, Christian Wyrwich Institute for Machine Elements and Systems Engineering, RWTH Aachen University, Aachen, Germany Abstract Companies in mechanical engineering are facing an increasingly high cost pressure in international competition. Therefore, in addition to the given technical functionality, cost oriented product design is becoming a dominat- ing factor for the success of a product on the market. For the cost-oriented product design, knowledge from the field of production and controlling is highly relevant. This contribution shows how this knowledge can be forma- lized and linked to the product model of the engineering department in a model-based product development. This enables engineering departments to access non-domain specific but cost-relevant knowledge at an early stage in the development process. As a result, the product design can already be de- termined cost-oriented in the engineering department. Keywords Model-Based Systems Engineering, Domain Models, Cost Calculation, Production, Knowledge Transfer 1. Introduction Mechanical engineering companies are facing increasing cost pressure due to international competition (Verband Deutscher Maschinen- und Anlagenbauer, 2018; Friedli & Schuh, 2012). This environmental change is particularly relevant for manufacturing companies in the classical mechanical engineering sector, with a high degree of new and customized designs (Friedli & Schuh, 2012). For the success of products on the market, cost-oriented design is becoming a do- minant factor in addition to the given technical functionality (Ehrlenspiel et al., 2014). In addition, the change towards international competition implies that market needs can no longer be satisfied by products with pre-engineered parts (Anderson & Pine, 1998). This leads to customized products as well as compo- How to cite this paper: Spütz, K., Jacobs, G., Konrad, C., & Wyrwich, C. (2021). Inte- gration of Production and Cost Models in Model-Based Product Development. Open Journal of Social Sciences, 9, 53-64. https://doi.org/10.4236/jss.2021.912004 Received: October 4, 2021 Accepted: December 4, 2021 Published: December 7, 2021 Copyright © 2021 by author(s) and Scientific Research Publishing Inc. This work is licensed under the Creative Commons Attribution International License (CC BY 4.0). http://creativecommons.org/licenses/by/4.0/ Open Access