TY - JOUR
T1 - The economic justification of machine changeover time reduction in a manufacturing cell
AU - Wang, Tai-Yue
AU - Song, Jun Y.I.
AU - Chen, Long Hui
PY - 2001/7/1
Y1 - 2001/7/1
N2 - In this paper, an analysis model is formulated to resolve the economic justification of machine changeover time reduction in a manufacturing cell. This model examines the effects of changeover time reduction for each machine and minimizes the total relative cost in the manufacturing cell while demand is variable. Adding the concept of a product's life cycle, we develop a mathematical model to deal with variable demand in the planning horizon. The budget constraint is also added to meet the conditions of different invested amounts. Finally, an example, which is derived from different set-up time reduction projects, and simulated production environment is used to demonstrate the details of the model. The optimum investment amount on change-over reduction operation for each machine can be found via the proposed model and the maximum benefits are then obtained.
AB - In this paper, an analysis model is formulated to resolve the economic justification of machine changeover time reduction in a manufacturing cell. This model examines the effects of changeover time reduction for each machine and minimizes the total relative cost in the manufacturing cell while demand is variable. Adding the concept of a product's life cycle, we develop a mathematical model to deal with variable demand in the planning horizon. The budget constraint is also added to meet the conditions of different invested amounts. Finally, an example, which is derived from different set-up time reduction projects, and simulated production environment is used to demonstrate the details of the model. The optimum investment amount on change-over reduction operation for each machine can be found via the proposed model and the maximum benefits are then obtained.
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U2 - 10.1080/0951120010021775
DO - 10.1080/0951120010021775
M3 - Article
AN - SCOPUS:0010310880
VL - 14
SP - 409
EP - 420
JO - International Journal of Computer Integrated Manufacturing
JF - International Journal of Computer Integrated Manufacturing
SN - 0951-192X
IS - 4
ER -