Tuesday, May 3, 2011
Paper Presentation -- FACILITY LAYOUT DESIGN USING GENITIC ALGORITHM
1 Introduction
Material handling and layout related costs have been estimated to be about 20%-50% of the total operating expenses in manufacturing. To stay competitive in the market these high overhead costs have to be reduced considerably. One way of doing this is to develop an efficient facility layout. The secondary benefit of doing so is in reducing the large Work-In-Process inventory and justifying the costly long-term investment. Developing an efficient layout is primarily finding the most efficient arrangement of n facilities in m locations (m >= n).
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