2019
DOI: 10.1007/978-3-030-30000-5_6
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Using Prescriptive Analytics to Support the Continuous Improvement Process

Abstract: The continuous improvement process (CIP) enables companies to increase productivity constantly by sourcing ideas from their employees on the shop floor. However, shorter production cycles require manufacturing companies to also adapt their production processes in a faster manner and reduce resources for CIP activities. Traditional CIP approaches fall short in such a fastpaced environment characterized by uncertainty. This study proposes a novel approach for increasing the efficiency and speed of the CIP by usi… Show more

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Cited by 9 publications
(4 citation statements)
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“…Besides wasting resources before and after such changes, such results are detrimental to the further motivation of a continuous improvement culture. Third, companies can use quantified improvement data to prescribe the value of new improvement suggestions [6]. Finally, convincing skeptical senior managers to invest money and resources in an improvement project often requires some kind of estimate of its cash flow-even if it is purely based on speculation.…”
Section: Introductionmentioning
confidence: 99%
“…Besides wasting resources before and after such changes, such results are detrimental to the further motivation of a continuous improvement culture. Third, companies can use quantified improvement data to prescribe the value of new improvement suggestions [6]. Finally, convincing skeptical senior managers to invest money and resources in an improvement project often requires some kind of estimate of its cash flow-even if it is purely based on speculation.…”
Section: Introductionmentioning
confidence: 99%
“…Among other things, these papers are motivated by the fact that production planning becomes more and more difficult for companies due to mass customization. In order to improve the quality of production planning, Schuh et al (2019) show that enriching production data with domain knowledge leads to an improvement in the calculation of the transition time with regression trees.…”
Section: Expert-knowledge-based Methods For Sparse-data Learning In M...mentioning
confidence: 99%
“…Indeed, He et al (2019), Lokrantz et al (2018), Nagarajan et al (2019), andZhang et al (2020) are concerned with expert knowledge in the form of cause-effect relationships and they integrate this kind of knowledge into the model's architecture. Also, Ning et al (2019), Lu et al (2017), andSchuh et al (2019) are concerned with expert knowledge in the form of explicit physical equation relationships and they integrate these equations into the models, for instance, in the form of new features.…”
Section: Expert-knowledge-based Methods For Sparse-data Learning In M...mentioning
confidence: 99%
“…Among other things, these papers are motivated by the fact that production planning becomes more and more difficult for companies due to mass customization. In order to improve the quality of production planning, [33] show that enriching production data with domain knowledge leads to an improvement in the calculation of the transition time with regression trees.…”
Section: Expert-knowledge-based Methods For Sparse-data Learning In M...mentioning
confidence: 99%