Techniques for cash management in scheduling manufacturing operations

Gohareh, Mehdy Morady; Gharneh, Naser Shams; Yaghin, R. Ghasemy

doi:10.1007/s40092-016-0171-9

Cited by 2 publications

(1 citation statement)

References 14 publications

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“…Explicit financial considerations have also been applied to single machine scheduling. As opposed to our pessimistic and worst-case scenario of cash receiving and incurring, Morady Gohareh et al considered more general patterns for the flow of money and presented the complexity analysis [17,18]. Xie developed polynomial algorithms for single machine scheduling problem with multiple financial constraints [6].…”

Section: Introduction and Literature Reviewmentioning

confidence: 99%

Worst-Case Analysis of Cash Inventory in Single Machine Scheduling

2022

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This paper studies the inventory of cash as a renewable resource in single machine scheduling problem. The status of cash is incorporated in to the objective function. Average and minimum available cash and maximum and average cash deficiency are contemplated subject to a worst-case scenario that for each job the cost [price] is paid [received] entirely at the start [end] of processing the job. For each objective, either proof of NP-hardness or optimal scheduling rule are provided. Some scenario-based numerical experiments are also carried out which reveal and emphasize the effect of financial assumptions of this research in single machine scheduling.

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Section: Introduction and Literature Reviewmentioning

confidence: 99%

Worst-Case Analysis of Cash Inventory in Single Machine Scheduling

2022

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Human factors and emerging needs in aerospace manufacturing planning and scheduling

Morandini,

Fraboni,

Hall

et al. 2024

Cogn Tech Work

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Planning and Scheduling (P&S) are critical components of organizational management that influence efficiency, overall performance, and human factors in the workplace. The aerospace manufacturing industry is experiencing rapid changes, marked by heightened demands for new aircraft and the need for precise task execution to accommodate increasing air traffic and rigorous safety regulations. This study explores the human factors and emerging needs in the P&S processes within aerospace manufacturing. A qualitative research approach was employed, featuring semi-structured interviews with 15 professionals from a prominent European organization. The participants, actively engaged in P&S operations, were chosen to offer diverse perspectives on their roles and the industry’s specific requirements. Results indicate that planners/schedulers, IT experts, and operations team leaders are crucial in ensuring efficiency throughout the various stages of P&S operations. The findings reveal that emerging needs encompass workforce and customer management (i.e., allocating human resources, responding to client requests, and addressing workforce resistance to new technology adoption), prioritization (i.e., scheduling tasks based on urgency, error susceptibility, and cost efficiency), and contingency handling (i.e., machinery availability, time constraints, quality issues, human performance variability, and weather conditions). These needs highlight the importance of considering human factors and cognitive aspects when designing and implementing P&S systems. The study underscores the challenges the aerospace manufacturing industry faces as it adapts to technological advancements and evolving market conditions. The findings emphasize the necessity of advanced P&S systems that integrate innovative technological solutions with an understanding of human factors and cognition.

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Techniques for cash management in scheduling manufacturing operations

Cited by 2 publications

References 14 publications

Worst-Case Analysis of Cash Inventory in Single Machine Scheduling

Worst-Case Analysis of Cash Inventory in Single Machine Scheduling

Human factors and emerging needs in aerospace manufacturing planning and scheduling

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