Abstract

Abstract Nowadays, we are facing the fourth industrial revolution, which is triggering businesses’ need to increase efficiency and productivity, in real time. To accomplish this challenge, decision systems to support the decision maker in real time and at operational level is necessary. In this work a bi-objective approach using a simulated annealing algorithm in industrial context is addressed, where a make-to-stock production strategy is followed. In the first stage, the total tardiness minimization is reached, followed by the total production flow time minimization. A case study from a multinational moulding industry operating with several parallel machines is used to illustrate the algorithm’s applicability.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.