Have you ever wondered how setup time optimization helps to improve both productivity and customer satisfaction? Let us see how it works!
The purpose of this conceptual modeling is to simply explain the value of changeover optimization. During this video we'll see:
- How changeover optimization works?
- What value changeover optimization brings?
- Why we need to combine it to other key objectives to maximize business performances?
- Scenario 1 is more applicable to a make-to-stock policy with a predictable demand.
It is close to the product-wheel strategy. - Scenario 2 is more applicable to a make-to-order policy with short lead times and a high variability. Indeed, in this context we need to be more flexible and consider multiple competing criteria.
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To find out more conceptual modeling, please refer to this post: link
