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Our goal is to make objective & clever decisions
Uncertain multi-objective decision framework is proposed for capacity planning. Manufacturers have to determine capital investments based on various demand forecasts of products in advance for long lead time in manufacturing process. Rapid development in semiconductor technology makes it difficult for companies to estimate future tool requirement especially for new-generation products planning decisions. An empirical study was conducted for validation and the results showed practical viability of the proposed approach. The proposed model performs better than existing approach in minimizing the capacity cost loss…
The Future of 3D Printing in Manufacturing
3D printing or additive manufacturing is a process of making three dimensional solid objects from a digital file. The creation of a 3D printed object is achieved using additive processes. In an additive process an object is created by laying down successive layers of material until the object is created. Each of these layers can be seen as a thinly sliced horizontal cross-section of the eventual object. 3D printing is the opposite of subtractive manufacturing which is cutting out /…