Optimising cash flows in APVIOBPCS using control theory.
White, Anthony S. and Prior, Stephen D. and Censlive, Michael and Karamanoglu, Mehmet (2010) Optimising cash flows in APVIOBPCS using control theory. International Conference on Manufacturing Engineering Systems, 2010 . pp. 149-154. ISSN 2152-1522
This paper describes the investigation of the effects on profitability of production for an Automatic Pipeline, Variable Inventory and Order Based Production Control System (APVIOBPCS) production system using as an example electronic RAM production. The investigation includes varying the order up to inventory and WIP using PID control to illustrate the profit gain from using control analysis. The results show that greater PID gains for a controlled production system will increase profitability. The value of desired inventory level increases profitability with a defined optimum value.
International Conference on Manufacturing Engineering Systems conference held at South Taiwan University on 16-20th Dec 2010.
|Keywords (uncontrolled):||Optimisation, APVIOBPCS, Production, Control Theory, Inventory|
|Research Areas:||A. > School of Science and Technology > Design Engineering and Mathematics|
|Permissions granted by publisher:||With thanks to publisher for permitting reproduction of article.|
|Deposited On:||24 Jan 2011 13:55|
|Last Modified:||01 May 2015 23:33|
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