Yield Management with SD Model Based on Customer Lifetime Value in Semiconductor Industry
A challengeable environment of semiconductor industry can be characterized by uncertain demands, the long manufacturing lead-time, the expensive capacity cost and relatively short life cycle, all of which means significant capital and big risk. It is critical to design a simple and useful approach for yield planning. Since system dynamics (SD) is an approach to understanding the behaviors of complex systems, this paper presents a system dynamic model to determine the optimal yield of the semiconductor manufacturing system. In the paper, we introduce customer lifetime value (CLV) as a measure of revenues to achieve the long-term profits, rather than decisions on maximum short-term profits. The results show that SD is an effective simulation approach, and several interesting and useful insights are found.
G. H. Han and M. Dong, "Yield Management with SD Model Based on Customer Lifetime Value in Semiconductor Industry", Applied Mechanics and Materials, Vols. 44-47, pp. 869-873, 2011