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- W2080807706 abstract "We consider the problem of choosing the number and type of machines for each station in a new production line where the sequence of processes (i.e., manufacturing recipe) has already been established. We formulate a model to minimize cost (investment plus operating) subject to constraints on throughput and cycle time. Using queueing network approximations within a dynamic programming framework, we develop a line design algorithm that works in station-wise fashion. For computational tractability, we must discretize a continuous state space. However, we are able to compute bounds on the error in the cost function as a guide to the appropriate choice of grid size. We conclude by applying our algorithm to an industrial problem that motivated this work." @default.
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- W2080807706 date "2002-01-01" @default.
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- W2080807706 doi "https://doi.org/10.1023/a:1015736926725" @default.
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