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Theses and Dissertations--Mechanical Engineering

Operations Research, Systems Engineering and Industrial Engineering

2021

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Balancing Trade-Offs In One-Stage Production With Processing Time Uncertainty, Jingjing You Jan 2021

Balancing Trade-Offs In One-Stage Production With Processing Time Uncertainty, Jingjing You

Theses and Dissertations--Mechanical Engineering

Stochastic production scheduling faces three challenges, first the inconsistencies among key performance indicators (KPIs), second the trade-offs between the expected return and the risk for a portfolio of KPIs, and third the uncertainty in processing times. Based on two inconsistent KPIs of total completion time (TCT) and variance of completion times (VCT), we propose our trade-off balancing (ToB) heuristic for one-stage production scheduling. Through comprehensive case studies, we show that our ToB heuristic with preference =0.0:0.1:1.0 efficiently and effectively addresses the three challenges. Moreover, our trade-off balancing scheme can be generalized to balance a number of …