Showing 1 - 4 of 4
The effectiveness of Monte Carlo simulation for mapping materials handling cost distributions and identifying robust solutions for general block layout problems is investigated. Small scale simulations are shown to be effective at approximating materials handling cost distributions obtained from...
Persistent link: https://www.econbiz.de/10009352909
Persistent link: https://www.econbiz.de/10009882560
Persistent link: https://www.econbiz.de/10009882585
Monte Carlo simulation provides a risk management tool for solving line layout problems when material flow requirements change over time and/or are uncertain. This study demonstrates this capability for line layout problems where material handling costs are not directly proportional to the...
Persistent link: https://www.econbiz.de/10008755660