NDLI: Economic evaluation of the increase in production capacity of a high technology products manufacturing cell using discrete event simulation

Content Provider	IEEE Xplore Digital Library
Author	Montevechi, J.A.B. da Silva Costa, R.F. Leal, F. de Pinho, A.F. de Jesus, J.T.
Copyright Year	2009
Description	Author affiliation: PadTec Rodovia Campinas - Mogi Mirim (SP 340) - km: 118, Campinas, SP, 3086-902, Brazil (de Jesus, J.T.) \|\| Instituto de Engenharia de Produção e Gestão Universidade Federal de Itajubá, Avenida BPS, 1303 - Caixa Postal: 50 Itajubá, MG, 37500-903, Brazil (Montevechi, J.A.B.; da Silva Costa, R.F.; Leal, F.; de Pinho, A.F.)
Abstract	This paper presents an application of the modeling and simulation methodology along with the Design of Experiments (DOE) to aid the decision makers to know the economic risk they are taking when there are many scenarios. Firstly, the production process was studied and documented by a SIPOC, an IDEF0 and a Flowchart. These techniques were combined to elaborate the simulation conceptual model. After that, the probability distributions were chosen and fed the computer model, built to emulate the real system. The simulation model was verified and statistically validated. Sixty four possible scenarios were tested, and in this case, the DOE may contribute to select the scenarios which are relevant to the economic analysis. The simulator used was Promodel® which provided the output to fed the cash flow of each scenario. Finally, the Net Present Value (NPV) and the economic risk of each scenario were calculated.
Starting Page	2185
Ending Page	2196
File Size	740444
Page Count	12
File Format	PDF
ISBN	9781424457700
e-ISBN	9781424457717
DOI	10.1109/WSC.2009.5429306
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-12-13
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Production Virtual manufacturing Discrete event simulation Computational modeling Analytical models Investments Power generation economics Computer simulation Manufacturing systems US Department of Energy
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in