Performance analysis of stochastic flow lines with limited material supply

Download or read book Performance analysis of stochastic flow lines with limited material supply written by Julia Mindlina and published by BoD – Books on Demand. This book was released on 2019-03-14 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to improve the performance of production systems, companies consider the optimization of the flow line configuration. However, the material supply of the flow line exerts a strong influence on the output of the production system since material shortages impede the flow of workpieces through the flow line. Simultaneously, the configuration of the flow line determines the demand for material. Consequently, the mutual interdependence between the material supply and the flow line has to be considered in order to balance a sufficient material supply of the flow line avoiding material shortages as well as excessive material inventory and handling effort. We provide integrated approaches for the evaluation and optimization of stochastic flow lines with limited material supply. Thereby, we make use of several evaluation methods as Markov chain approaches, aggregation and decomposition approaches as well as linear programming. Further, we model open and closed queuing networks in continuous and discrete time. Hence, we present exact and approximate approaches that allow us to study the effects in several stochastic production systems with limited material supply.