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Spare Parts On Demand Using Additive Manufacturing : A Simulation Model For Cost Evaluation., Stefan Jedeck
Spare Parts On Demand Using Additive Manufacturing : A Simulation Model For Cost Evaluation., Stefan Jedeck
Electronic Theses and Dissertations
Little is known about the impact of additive manufacturing in the spare part supply chain. A few studies are available, but they focus on specific parts and their applications only. A general model, which can be adapted to different applications, is nonexistent. This dissertation proposes a decision making framework that enables an interested practitioner/manager to decide whether using additive manufacturing to make spare parts on demand is economical when compared to conventional warehousing strategy. The framework consists of two major components: a general discrete event simulation model and a process of designing a wide range of simulation scenarios. The goal …
Cost Effective Analysis Of Big Data, Steven J. Litzsinger, Nehad Dababo
Cost Effective Analysis Of Big Data, Steven J. Litzsinger, Nehad Dababo
Industrial and Manufacturing Engineering
Executive Summary
Big data is everywhere and businesses that can access and analyze it have a huge advantage over those who can’t. One option for leveraging big data to make more informed decisions is to hire a big data consulting company to take over the entire project. This method requires the least effort, but is also the least cost effective. The problem is that the know-how for starting a big data project is not commonly known and the consulting alternative is not very cost effective. This creates the need for a cost effective approach that businesses can use to start …