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- W3188790189 abstract "The advancing digitalisation of production processes increases data availability and enables real-time information sharing between value-adding partners. However, despite the technological feasibility, information relevant for production control to initiate target-oriented countermeasures against disturbances are rarely shared with value-adding partners. To create incentives for companies to exchange information for short-term production control, the respective values of information must be determined. This publication presents a method for quantifying the value of information for production control in cross-company value-adding networks on a monetary basis. The input for the required performance measurement system is derived from a simulation model of the production system. Applying the approach to a simulative scenario validates the method’s functionality and the potential of information sharing to reduce disturbance cost." @default.
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- W3188790189 date "2021-01-01" @default.
- W3188790189 modified "2023-10-03" @default.
- W3188790189 title "Method for quantifying the value of information for production control in cross-company value-adding networks" @default.
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- W3188790189 doi "https://doi.org/10.1016/j.promfg.2021.07.001" @default.
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