2016
DOI: 10.1080/0951192x.2016.1187299
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A Decision Investment Model to Design Manufacturing Systems based on a genetic algorithm and Monte-Carlo simulation

Abstract: The flexibility of manufacturing systems is one of the key factors to stay competitive when the companies face increasingly frequent market changes due to the rapid introduction of new products and constantly varying product demand. Flexible manufacturing systems are characterised by high investment costs, and often offer more flexibility that what is really needed. The emergent paradigm of Focused Flexible Manufacturing System concerns hybrid systems composed both of general purpose and dedicated resources. T… Show more

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Cited by 21 publications
(7 citation statements)
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“…Of course, devoting to optimizing only the FJSSP production type, for example with other researchers [28], is a limitation. Given that, other research focuses on demonstrating the impact of flexible line redesign planning problems [28] and determining the impact of the market uncertainty [29] on the adaptability and feasibility of using flexible and dedicated machines on the occupancy of manufacturing utilization using the Monte Carlo simulation method. The presented research work represents the originality with the economical and sustainable optimization approach.…”
Section: Discussionmentioning
confidence: 99%
“…Of course, devoting to optimizing only the FJSSP production type, for example with other researchers [28], is a limitation. Given that, other research focuses on demonstrating the impact of flexible line redesign planning problems [28] and determining the impact of the market uncertainty [29] on the adaptability and feasibility of using flexible and dedicated machines on the occupancy of manufacturing utilization using the Monte Carlo simulation method. The presented research work represents the originality with the economical and sustainable optimization approach.…”
Section: Discussionmentioning
confidence: 99%
“…Nonlinear problems were mostly solved by approximate or hybrid approaches using GA singly [13,17,50,52] or coupled with other methods, like Monte Carlo [30] and dynamic programming [42]. Linear problems were also solved by approximate methods, but papers mostly tried to validate a new heuristic [43] or metaheuristic method [44,54] by comparing their solution with those obtained by the well-known NSGA-II.…”
Section: Modelling and Optimizing The Rms Configurationmentioning
confidence: 99%
“…In order to overcome this situation, Fonseca and Fleming adopted the sharing function and niche technology to solve the problem of group diversification. It also provides high efficiency and relatively easy implementation [13].…”
Section: Genetic Algorithm Theorymentioning
confidence: 99%