DESIGNING CELLULAR MANUFACTURING SYSTEM UNDER RISK CONDITIONS

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Arghish Omid

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Seminar Paper

Paper Information

Seminar: INTERNATIONAL CONFERENCE ON MODERN RESEARCH IN MANAGEMENT AND INDUSTRIAL ENGINEERING
Year:2015 | Issue:1

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Information Seminar Paper

Title

DESIGNING CELLULAR MANUFACTURING SYSTEM UNDER RISK CONDITIONS

Author(s)

Arghish Omid

Keywords

CELLULAR MANUFACTURING SYSTEM

SUB CONTRACT

RISK MANAGEMENT

CONDITIONAL VALUE-AT-RISK

Abstract

THIS PAPER DEVELOPS A MATHEMATICAL MODELING TO DESIGN A CELLULAR MANUFACTURING SYSTEM. IN ADDITION SOME OF THE TOTAL OR PORTION OF THE DEMAND OF THE PART TYPES CAN BE SUBCONTRACTED.. IN ORDER TO DESIGNING THE OPTIMAL CMS, WE NEEDS TO DETRMINED A PLAN TO PRODUCE AND SUBCONTRACT PARTS AT A MINIMUM COST AND TO MITIGATE THE IMPACT OF SUBCONTRACTING RISK.THUS WE PROPOSE A MIXED INTEGER PROGRAMMING APPROACH TO DECISION MAKING AND INCORPORATE SUBCONTRACTING RISK. TO CONTROL THE RISK OF SUB-CONTRACTING (COST), THE TWO POPULAR PERCENTILE MEASURES OF RISK ARE APPLIED: VALUE-AT-RISK AND CONDITIONAL VALUE-AT-RISK. THIS MODEL IS CAPABLE OF OPTIMIZING PRODUCTION COST OF PARTS AND CALCULATING VALUE-AT-RISK OF SUB-CONTRACTING COST SIMULTANEOUSLY. A NUMERICAL EXAMPLE IS SOLVED TO VERIFY THE PERFORMANCE OF THE PROPOSED MODEL.

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APA: Copy

Arghish, Omid. (2015). DESIGNING CELLULAR MANUFACTURING SYSTEM UNDER RISK CONDITIONS. INTERNATIONAL CONFERENCE ON MODERN RESEARCH IN MANAGEMENT AND INDUSTRIAL ENGINEERING. SID. https://sid.ir/paper/932968/en

Vancouver: Copy

Arghish Omid. DESIGNING CELLULAR MANUFACTURING SYSTEM UNDER RISK CONDITIONS. 2015. Available from: https://sid.ir/paper/932968/en

IEEE: Copy

Omid Arghish, “DESIGNING CELLULAR MANUFACTURING SYSTEM UNDER RISK CONDITIONS,” presented at the INTERNATIONAL CONFERENCE ON MODERN RESEARCH IN MANAGEMENT AND INDUSTRIAL ENGINEERING. 2015, [Online]. Available: https://sid.ir/paper/932968/en

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