European Journal of Economic and Business (ISSN - 2456-3900)

A Metal Manufacturing Mill Uses Discrete-Event Simulation to Optimise Operations

Pavan Kumar Narayanan, Lorena D. Mathien

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.

Keywords


discrete-event simulation, process modeling, manufacturing, simulation

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References


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