This study describes an alternative way of applying failure mode and effects analysis (FMEA) to a wide variety of problems. It presents a methodology based on a decision system supported by qualitative rules which provides a ranking of the risks of potential causes of production system failures. By providing an illustrative example, it highlights the advantages of this flexible system over the traditional FMEA model. Finally, a fuzzy decision model is proposed, which improves the initial decision system by introducing the element of uncertainty.
Blockchain is currently one of the most important topics in both the academia and industry world, mainly due to the possible effects that the continuing application of this new technology could have. The adoption of this technology by FinTech companies constitutes the next step towards the expansion of blockchain and its sustainability. The paper conducts a mapping study on the research topics, limitations, gaps and future trends of blockchain in FinTech companies. A total of 49 papers from a scientific database (Web of Science Core Collection) have been analyzed. The results show a deep focus in challenges such as security, scalability, legal and regulatory, privacy or latency, with proposed solutions still to be far from being effective. A vast majority of the research is focused into finance and banking sector, obviating other industries that could play a crucial role in the further expansion of blockchain. This study can contribute to researchers as a starting point for their investigation, as well as a source for recommendations on future investigation directions regarding blockchain in the FinTech sector.
A common way of dynamically scheduling jobs in a flexible
manufacturing system (FMS) is by means of dispatching rules.
The problem of this method is that the performance of these
rules depends on the state the system is in at each moment,
and no single rule exists that is better than the rest in all
the possible states that the system may be in. It would therefore
be interesting to use the most appropriate dispatching rule
at each moment. To achieve this goal, a scheduling approach
which uses machine learning can be used. Analyzing the previous
performance of the system (training examples) by means of this
technique, knowledge is obtained that can be used to decide
which is the most appropriate dispatching rule at each moment
in time. In this paper, a review of the main machine learning-based
scheduling approaches described in the literature is presented.
The Open University's repository of research publications and other research outputs Applying machine learning to the dynamic selection of replenishment policies in fast-changing supply chain environments
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