A Metal Manufacturing Mill Uses Discrete-Event Simulation to Optimise Operations
Journal Title: European Journal of Economic and Business - Year 2016, Vol 1, Issue 1
Abstract
Simulation modeling is an important technique from mathematics and engineering for planning, implementing, and operating complex technical systems. We modeled the manufacturing operations of a local metal mill company to answer questions related to shorter product life cycle, identifying system bottlenecks, short-term budgeting, scheduling and other key decisions that may have a direct impact on revenues and costs of the company. We attempt to solve this problem using multi-method simulation modeling software, AnyLogic®, which allows room to accommodate higher levels of abstraction, thereby providing space to further extend this model for a multi-method simulation.
Authors and Affiliations
Lorena Mathien, Pavan Kumar Narayanan
Keywords
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