Application of Modelling and Simulation in the Selection of Production Lines

Abstract:

Production lines are complex mechatronic systems which have in their structure mechanical, electronic, control and software subsystems. The complexity of these systems is identified for mass production of paper napkins. The aim is to decide on the choice of the production line in terms of ensuring growth of value of the business and satisfaction of customers needs. The decision making process is carried out in steps of formulating the investment problem, technical features of the project, economic evaluation of the project based on a financial model in Microsoft Excel and analysis of project risks utilizing Monte Carlo simulations in the Crystal Ball system.

• Periodical: Applied Mechanics and Materials (Volume 816)
• Pages: 574-578
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.816.574
• Online since: November 2015
• Authors: Jaroslava Janeková, Jozef Kováč, Daniela Onofrejová
• Keywords: Efficiency, Modelling, Production Line, Risk, Simulation

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