A Simulation Approach to Improve Performance in Foundry Industry
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2015, Vol 3, Issue 5
Abstract
It is possible to evaluate production system performance measurement and organizational alternative structures with dynamic simulation methods for efficiency of cost and productivity. The parameters which are vary for different organizational structures and scope of production systems are examined in a mutual simulation-based performance measurement system. In general, the simulation-based performance measurement criteria are lead time, lead time deviation, utilization rate, and work-inprocess as goal achievements of logistics and delivery rate in performance evaluation module. Lean manufacturing is often seen as a set of tools that reduce the total cost and improve the quality of manufactured products. The foundry industry, as well as manufacturing in general, has significant challenges in the current regulatory and political climate with developing an economically and environmentally sustainable business model.
Authors and Affiliations
Digvijay B. Sutar, B. R. Jadhav
Keywords
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