Stochastic Modeling and Analysis of Manufacturing Systems
Keywords:
Stochastic, Modeling, Analysis, Manufacturing, Systems, Flexible Machines, Raw Materials, Deterministic, Financial ModelAbstract
The complexity of manufacturing systems has increased recently. This volume offers a selection of chapters that showcase the latest advancements in probabilistic models and approaches that have been inspired by manufacturing systems research or proven to have substantial potential in this field. One or more flexible machines, a loading and unloading robot, and a part transfer pallet make up a manufacturing module. Because of their high utilization rates, flexible machines are prone to frequent malfunctions.
Therefore, models are required to ascertain the optimal maintenance and repair procedures that maximize the performance of industrial systems, as well as the effects of numerous factors on system performance. Engineers and operation managers can examine a specific machining system with the help of the model this paper presents. An analytical method for evaluating the reliability of complex manufacturing systems is described in this work. According to this method, a manufacturing system can only function if its production capacity needs are met. We shall talk about stochastic manufacturing system modeling and analysis in this study.