Costing models for capacity optimization in Industry 4 . 0 : Trade-off between used capacity and operational efficiency

@inproceedings{Slipchenkoa2018CostingMF,
  title={Costing models for capacity optimization in Industry 4 . 0 : Trade-off between used capacity and operational efficiency},
  author={Kateryna Slipchenkoa and Vladimir Turkevicha and Igor Petrushaa and Volodymyr Bushlyab and Jan-Eric St{\aa}hlb},
  year={2018}
}
  • Kateryna Slipchenkoa, Vladimir Turkevicha, +2 authors Jan-Eric Ståhlb
  • Published 2018
Under the concept of "Industry 4.0", production processes will be pushed to be increasingly interconnected, information based on a real time basis and, necessarily, much more efficient. In this context, capacity optimization goes beyond the traditional aim of capacity maximization, contributing also for organization’s profitability and value. Indeed, lean management and continuous improvement approaches suggest capacity optimization instead of maximization. The study of capacity optimization… CONTINUE READING

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