On flexibility investment in manufacturing system: A multi-objective decision making method

Expert Systems with Applications

Volumn 38, Issue 9, 2011, Pages 11813-11819

  He, Ping ^a   Chen, Zhen ^a   Xu, Xiaoyan ^a  

^a UNIVERSITY OF SCIENCE AND TECHNOLOGY OF CHINA   (China)

Author keywords

Flexibility investment; Flexible manufacturing system; Multi objective decision making; Weight determination

Indexed keywords

CHAIN CONFIGURATION; CHANGING ENVIRONMENT; FLEXIBILITY INVESTMENT; FLEXIBLE MANUFACTURING; HIERARCHICAL METHOD; INVESTMENT DECISIONS; INVESTMENT STRATEGY; MANUFACTURING SYSTEM; MULTI OBJECTIVE DECISION MAKING; PRODUCTION EFFICIENCY; PROFIT MAXIMIZATION; SIMULATION EXPERIMENTS; TWO-LEVEL MODELS; WEIGHT DETERMINATION;

COMPUTER SIMULATION; DECISION MAKING; INVESTMENTS; MANAGERS; MULTIOBJECTIVE OPTIMIZATION; PROFITABILITY; STRATEGIC PLANNING;

FLEXIBLE MANUFACTURING SYSTEMS;

EID: 79955629317     PISSN: 09574174     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eswa.2011.03.069     Document Type: Article

References (23)

1. O.Z. Akina, and F. Karaesmen Characterizing the performance of process flexibility structures Operations Research Letters 35 2007 477 484 (Pubitemid 46755924)
2. F.T.S. Chan, R. Bhagwat, and S. Wadhwa Flexibility performance: Taguchi's method study of physical system and operating control parameters of FMS Robotics and Computer-Integrated Manufacturing 23 2007 25 37 (Pubitemid 44709470)
3. A.Y. Chang An attribute approach to the measurement of machine-group flexibility European Journal of Operational Research 194 2009 774 786
4. A.Y. Chang, D.J. Whitehouse, S.L. Chang, and Y.C. Hsieh An approach to the measurement of single-machine flexibility International Journal of Production Research 39 8 2001 1589 1601 (Pubitemid 35165610)
5. I.J. Chen, and C.H. Chung An examination of flexibility measurements and performance of flexible manufacturing systems International Journal of Production Research 34 2 1996 379 394 (Pubitemid 126519754)
6. M.C. Chou, G.A. Chua, C.P. Teo, and H. Zheng Design for process flexibility: Efficiency of the long chain and sparse structure Operations Research 2009 10.1287/opre.1080.0664
7. H. Daellenbach, and J. George Introduction to operations research techniques 1978 Allyn and Bacon Boston, MA
8. Fan, Z. P.; Zheng, L. H.; & Pan, D. H. (1996). An objective and subjective synthetic method for multiple attribute decision making. In Proceedings of the 13th IFAC world congress, San Francisco, USA (pp. 255-260).
9. C.H. Fine, and R.M. Freund Optimal investment in product-flexible manufacturing capacity Management Science 36 4 1990 446 449
10. Z.J. Gong, and S. Hu An economic evaluation model of product mix flexibility Omega 36 2008 852 864
11. S.C. Graves, and B.T. Tomlin Process flexibility in supply chains Management Science 49 2003 907 919
12. Y.P. Gupta, and S. Goyal Flexibility of manufacturing systems: Concepts and measurements European Journal of Operational Research 43 1989 119 135 (Pubitemid 20636178)
13. W.J. Hopp, E. Tekin, and M.P. Van Oyen Benefits of skill chaining in serial production lines with cross-trained workers Management Science 50 2004 83 98
14. Z.S. Hua, and P. He Process flexibility under bill of material constraints: Part I - An effective measuring approach International Journal of Production Research 48 3 2010 745 761
15. Z.S. Hua, and P. He Process flexibility under bill of material constraints: Part II - Structural properties and improving principles International Journal of Production Research 48 4 2010 1125 1142
16. S.M. Iravani, M.P. Van Oyen, and K.T. Sims Structural flexibility: A new perspective on the design of manufacturing and service operations Management Science 51 2005 151 166 (Pubitemid 40360159)
17. W.C. Jordan, and S.C. Graves Principles on the benefits of manufacturing process flexibility Management Science 41 4 1995 577 594
18. X.A. Koufteros, M.A. Vonderembse, and W.J. Doll Developing measures of time-based manufacturing Journal of Operations Management 16 1998 21 41 (Pubitemid 128393968)
19. S.D. Pohekar, and M. Ramachandran Application of multi-criteria decision making to sustainable energy planning - A review Renewable and Sustainable Energy Reviews 8 2004 365 381
20. A.K. Sethi, and S.R. Sethi Flexibility in manufacturing: A survey International Journal of Flexible Manufacturing Systems 2 1990 289 328
21. J.A. Van Mieghem Investment strategies for flexible resources Management Science 44 8 1998 1071 1078 (Pubitemid 128569652)
22. H.-J. Wang, and Z.-T. Zeng A multi-objective decision-making process for reuse selection of historic buildings Expert Systems with Applications 37 2010 1241 1249
23. W.-Y. Wu, B.M. Sukoco, C.-Y. Li, and S.H. Chen An integrated multi-objective decision-making process for supplier selection with bundling problem Expert Systems with Applications 36 2 2009 2327 2337