NDLI: A comparison of production system life cycle models

Content Provider	Springer Nature Link
Author	Attri, Rajesh Grover, Sandeep
Copyright Year	2012
Abstract	Companies today need to keep up with the rapidly changing market conditions to stay competitive. The main issues in this paper are related to a company’s market and its competitors. The prediction of market behavior is helpful for a manufacturing enterprise to build efficient production systems. However, these predictions are usually not reliable. A production system is required to adapt to changing markets, but such requirement entails higher cost. Hence, analyzing different life cycle models of the production system is necessary. In this paper, different life cycle models of the production system are compared to evaluate the distinctive features and the limitations of each model. Furthermore, the difference between product life cycle and production life cycle is summarized, and the effect of product life cycle on production life cycle is explained. Finally, a production system life cycle model, along with key activities to be performed in each stage, is proposed specifically for the manufacturing sector.
Starting Page	305
Ending Page	311
Page Count	7
File Format	PDF
ISSN	20950233
Journal	Frontiers of Mechanical Engineering
Volume Number	7
Issue Number	3
e-ISSN	20950241
Language	English
Publisher	SP Higher Education Press
Publisher Date	2012-09-12
Publisher Institution	Chinese Universities
Publisher Place	Heidelberg
Access Restriction	Subscribed
Subject Keyword	production system life cycle model product Mechanical Engineering
Content Type	Text
Resource Type	Article
Subject	Mechanical Engineering

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