Increasing competition has been forcing the manufacturing organizations to adopt new manufacturing paradigms for producing products. Also, modern customers' demands are becoming dynamic. This situation has marked the evolution of a new manufacturing paradigm called Agile Manufacturing (AM)....

An organization has more than 1,000 machines which are continuously operating. Out of these machines, about 148 machines are bottleneck machines. Bottleneck is a process or a machine in a value stream which has the highest cycle time and decides the maximum technical capacity of the value...