A fuzzy decomposition method for multistation production systems subject to blocking

Article Abstract:

A new methodology is formulated that attempts to come up with the best way of adjusting the value of the proportionality constant or step length variable as used in the decomposition method. To achieve this adjustment, fuzzy logic control is used. This results in greater convergence rate which leads to firmer results for a production setup that is very unstable. This finding is applicable to such problems as subgradient optimization.

Research, Usage, Fuzzy logic, Fuzzy systems, Queuing theory, Decomposition method

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Options in advanced energy-related production processes

Article Abstract:

Traditional discounted cashflow techniques are limited in evaluating energy-related production projects. Options analysis presents a method by which the possibility of conditional investments on future developments are considered. It is shown that this method of analysis describes the investment process as an option considered for total conversion. In addition, options analysis integrates strategic planning with investment planning.

Management, Project management, Production engineering

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Lean production

Article Abstract:

Lean production or lean management was born out of the need by companies to maintain or improve their niche in an international market that is growing increasingly competitive. The term refers to a system that can be broken down into product development, the supply process, shop floor management and after-sales service. The system's main goal is to maximize all elements of production while minimizing resource costs.

Economic aspects, Production management, Reengineering (Management), Factory management

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