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An approach to the design of a manufacturing cell under economic considerations
A method is proposed for the system design of a manufacturing cell aiming for its profit maximization over a certain period of time. The proposed method makes use of simulation, design of experiments, regression analysis, Taguchi methods, and a profit model to generate several feasible and potential...
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Published in: | International journal of production economics 2002-08, Vol.78 (3), p.223-237 |
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Main Authors: | , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | A method is proposed for the system design of a manufacturing cell aiming for its profit maximization over a certain period of time. The proposed method makes use of simulation, design of experiments, regression analysis, Taguchi methods, and a profit model to generate several feasible and potentially profitable designs. A decision-maker may then choose the best alternative based on the profit value, robustness, and other practical considerations. The application of the method is illustrated with a case study where a partial design of a manufacturing cell is accomplished in a manufacturing company. |
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ISSN: | 0925-5273 1873-7579 |
DOI: | 10.1016/S0925-5273(02)00102-0 |