Abstract
This paper presents a multiple objective mixed integer linear programming model for the multiperiod flexible automation selection problem. The model includes five objectives, designed to address financial aspects, flexibility, firm disruption, and group homogeneity of new modules. The proposed model incorporates several types of flexibility. An interactive multiple criteria solution procedure is used to obtain an approximate optimal solution, based on a decision maker's implicit and unknown value function. The solution provides schedule for replacement of current machines, implementation of new modules, and production plans capitalizing on flexibility during transition and subsequent periods. A numerical example is provided to illustrate the approach. The optimal solution is then contrasted with that of a single-objective model.
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 callDisclaimer: 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.
