Performance Analysis of Manufacturing System at the Operational Level

Abstract In this paper, we propose a method to control of make-to-order (MTO) manufacturing system  for the operation level. Control achieved with the proposed method is based on modeling the relationship between cost and time, two very important elements of manufacturing process performance evaluation. In order to better represent the specified goal of manufacturing process we propose (as a novelty) as a criteria the Earning Power (EP). It is both synthetic (because it reflects the essential motivation of manufacturing process) as compliant with the most important five performance aspects, namely: profitability, conformance to specifications, customer satisfaction, return on investment and materials/overhead cost, selected by researchers in order of importance.

Keywords Control, Earning power, Manufacturing operation, Manufacturing system, Simulation.

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Engineering Journal: Performance Analysis of Manufacturing System at the Operational Level

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