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Production planning is a complicated task that requires cooperation among multiple functional units in any organization. In order to design an efficient production planning system, a good understanding of the environment in terms of customers, products and manufacturing processes is a must....
Persistent link: https://www.econbiz.de/10011251332
This paper addresses the problem of assigning operators to teams that work in single-, two-, or three-day shift systems. The problem was motivated by, and illustrated with a case situation encountered in Dutch manufacturing industry. The problem addressed forms an extension of cell formation...
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This paper focuses on the effects of flexible automation on the performance of a job shop. Flexible automated machines may significantly improve the delivery performance and the flow time of jobs. The insertion of a flexible automated system in a job shop, however, also has a counter effect on...
Persistent link: https://www.econbiz.de/10011251656
In the design of a production control system much attention is usually paid to technicalaspects, whereas the elaboration upon social aspects remain underexposed. SociotechnicalSystems Theory (SST) emphasizes the importance of finding a joint optimization between the technical and the social...
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In this paper two approaches for trading and forecasting on Euro-Yen exchange rates are suggested. In the first approach three decision-making models are developed to maximize profit of trades during a specific period. Traders have three options to perform a trade at each market time that are:...
Persistent link: https://www.econbiz.de/10010695794
<title>Abstract</title> A traveling salesman problem (TSP) is an NP-hard optimization problem. So it is necessary to use intelligent and heuristic methods to solve such a hard problem in a less computational time. This paper proposes a novel hybrid approach, which is a data mining (DM) based on multi-objective...
Persistent link: https://www.econbiz.de/10010971512