This paper studies the effects of metal removal rates on the economics of flexible transfer lines and flexible manufacturing systems. Two models, utilizing results from open and closed networks of queues, are developed to evaluate the performance of the aforementioned systems. The models are based on Taylor’s formula for tool life as it relates to the respective cutting speeds of the different systems’ workstations. The results show that the minimum cost throughput of such systems is governed by the economics of the used cutting tools. Also, they exhibit that the work in process (WIP) inventory cost rates have a limited effect on the product cost.
All Science Journal Classification (ASJC) codes
- Computer Science Applications
- Strategy and Management
- Management Science and Operations Research
- Industrial and Manufacturing Engineering