System Performance and Reliability Modeling of a Stochastic-Flow Production Network: A Confidence-Based Approach

@article{Fiondella2015SystemPA,
  title={System Performance and Reliability Modeling of a Stochastic-Flow Production Network: A Confidence-Based Approach},
  author={Lance Fiondella and Yi-Kuei Lin and Ping-Chen Chang},
  journal={IEEE Transactions on Systems, Man, and Cybernetics: Systems},
  year={2015},
  volume={45},
  pages={1437-1447}
}
Production network performance and reliability are essential to satisfy customer orders in a timely manner. This paper proposes a statistical method for a production system to satisfy customer demand with a desired level of confidence, referred to as yield confidence, while simultaneously considering system reliability, defined as the probability that the amount of input can be processed based on the capacities of the individual workstations. The approach models a production system as a… CONTINUE READING

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