Document Type
Conference Paper
Rights
Available under a Creative Commons Attribution Non-Commercial Share Alike 4.0 International Licence
Disciplines
Business and Management., Interdisciplinary
Abstract
Due to their space limitation and small production scale, small and medium enterprises (SME) are vulner-able to rapid changes. Lean principles are considered as effective improvement approach to eliminate sys-tem’s waste and inefficiencies. Although much of the academic materials have addressed the lean practic-es into large, global companies, they can still be adjusted to SMEs. Risks are usually associated with lean implementation process due to the drastic required changes in business policies and operations. Simulation can be successfully used to predict the impact of the proposed changes ahead of the implementation which helps to mitigate risks. Integrating simulation with optimization techniques provides optimum settings of the lean factors prior to the go live stage. In this study, simulation based optimization model was developed to optimize a set of parameters of lean SME against three performance measures – cycle time, WIP (work in process) and workforce utilization. Results showed constructive insights.
DOI
https://doi.org/10.21427/D7B501
Recommended Citation
Arisha, A., Mahfouz, A., Shea, J.: Simulation-based Optimisation Model for the Lean Assessment in SME: A Case Study. Winter Simulation Conference, 2011.
Funder
College of Business
Included in
Business Administration, Management, and Operations Commons, Industrial Engineering Commons, Operational Research Commons, Other Business Commons, Systems Engineering Commons
Publication Details
Winter Simulation Conference, 2011.