Abstract:Production systems are evolving rapidly, thanks to key Industry 4.0 technologies such as production simulation, digital twins, internet-of-things, artificial intelligence, and big data analytics. The combination of these technologies can be used to meet the long-term enterprise goals of profitability, sustainability, and stability by increasing the throughput and reducing production costs. Owing to digitization, manufacturing companies can now explore operational level data to track the performance of systems … Show more
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