Every day, we encounter various orders, both in the private and business world. An order typically originates from a customer in need of a service or product. The company's goal is to offer a competitive price to its customers, encouraging them to choose to make a purchase rather than rejecting it. Determining product and service prices is a task that every company faces. Formulating product prices through a process of calculation depends on many factors, with customers, competition, and costs being the most important. The price must be attractive and accessible to the customer, yet sufficiently high to ensure the provider's smooth operation. Therefore, there is increasing emphasis on cost management to achieve profitability, striking an optimal balance between costs and sales results. It is essential to know the true cost of a particular product for the company. All costs of raw material procurement, production, transportation, sales, distribution, etc., must be taken into account. Cost management is effectively managing money to meet the needs of both parties, namely the customer and the manufacturer. One of the challenges for all companies is to achieve profit by reducing costs or increasing revenue. The way to achieve this is through cost analysis. Based on examples, the practical part of the work will illustrate the key operational processes in order realization in a company producing turbine components, with a focus on cost analysis, specifically material costs, labor, and other production costs. The goal is to demonstrate, through a sequence of activities, the role of operations management in production processes and its importance in achieving quality and productivity for the company.