Impact of ramp-up on the optimal capacity-related reconfiguration policy

Impact of ramp-up on the optimal capacity-related reconfiguration policy

0.00 Avg rating0 Votes
Article ID: iaor2009891
Country: United States
Volume: 19
Issue: 3
Start Page Number: 173
End Page Number: 194
Publication Date: Jan 2007
Journal: International Journal of Flexible Manufacturing Systems
Authors: , ,
Keywords: programming: dynamic, markov processes
Abstract:

This paper presents an optimal solution, based on Markov decision theory, for the problem of optimal capacity-related reconfiguration of manufacturing systems, under stochastic market demand. Both capacity expansion and reduction are considered. The solution quantitatively takes into account the effect of the ramp-up phenomenon, following each reconfiguration, on the optimal policy. A closed-form solution is presented for when product demand is independently and generally distributed over time. A real case concerning a flexible manufacturing line in the automotive sector is shown, to prove that ignoring the ramp-up effect in the decision process can lead to significant increases in overall costs.

Reviews

Required fields are marked *. Your email address will not be published.