Fuzzy approach to business improvement of holding equipment in the conditions of decreased production range

Fuzzy approach to business improvement of holding equipment in the conditions of decreased production range

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Article ID: iaor200929
Country: Serbia
Volume: 17
Issue: 2
Start Page Number: 223
End Page Number: 234
Publication Date: Jul 2007
Journal: Yugoslav Journal of Operations Research
Authors: , ,
Abstract:

In recent years, manufacturing industry has been characterised by a decreased production range and a demand for a rapid change of production programs. In such conditions holding equipment costs are considerably larger. In this paper, we review and analyze possible ways of business improvement concerning holding equipment in specific production conditions characterized by the decreased production range and lack of financial sources for applying systems of assembled and disassembled equipment. Classification of elements and group of elements of those systems is performed by applying a new fuzzy ABC method presented in this paper. Selected optimization criteria describe the performance measures of elements and group of elements of assembled and disassembled equipment.

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