Abstract. In this paper a new approach to shell and tube heat exchanger optimization is presented based on the minimization of the life-cycle cost. The method allows the
Purpose
– The purpose of this paper is to develop an optimization model allowing the choice of parts feeding policy to assembly lines in order to minimize total cost.
Design/methodology/approach
– An integer linear programming mathematical model is developed to assign the optimal material feeding policy to each part type. The model allows choice between kitting, line stocking and just in time delivery policies.
Findings
– The choice of assembly lines feeding policy is not trivial and requires a thorough economic comparison of alternatives. It is found that a proper mix of parts feeding policies may be better that adopting a single material delivery policy for all parts.
Research limitations/implications
– The model is aimed at single-model assembly lines operating in a deterministic environment, but can be extended to the multi-model line case. While relevant quantitative cost drivers are included, some context-related qualitative factors are not included yet. The model assumes that information about product structure and part requirements are known and that a preliminary design of the assembly system has been carried out.
Practical implications
– Production managers are given a quantitative-decision tool to determine the optimal mix of material supply policies at an early decision stage.
Originality/value
– Respect previous simplified literature models, this approach allows to quantify a number of additional factors which are critical for successful implementation of cost-effective parts feeding systems, allowing comparison of alternative policies on a consistent basis.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.