Decision-making support for simulation solutions in small and medium sized enterprises

Fei Yu*, Christian Petersson Nielsen

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Over the recent years, Industry 4.0 principles, including factory simulation has increased in popularity. Where larger companies have an implementation strategy to implement this technology, small and medium-sized enterprises often do not. The key contribution of this paper is a conceptual decision-making structure that includes a developed decision-supporting tool targeted at small and medium-sized enterprises to help overcome this challenge. A performed literature review focused on manufacturing simulation frameworks, criteria for simulation solution selection, software evaluation methodologies and simulation solutions, creates the foundation for the key contribution. A company case study based on a German small and medium-sized enterprise verifies and validates the findings. It shows the value of the decision-making tool. In addition to a suggestion as the output, it triggers the process of learning and thinking, which shows more value to practitioners.
Original languageEnglish
Title of host publication20th International CINet Conference
PublisherContinuous Innovation Network
Publication date2019
ISBN (Electronic)978-90-77360-21-7
Publication statusPublished - 2019
Event20th International CINet Conference: Innovating in an era of continuous disruption - SDU, Odense
Duration: 8. Sep 201910. Sep 2019

Conference

Conference20th International CINet Conference
LocationSDU
CityOdense
Period08/09/201910/09/2019

Fingerprint

Decision making
Simulation
Small and medium-sized enterprises
Software selection
Manufacturing
Industry
Evaluation methodologies
Trigger
Factory
Strategy implementation
Literature review
Large companies

Keywords

  • Simulation
  • SMEs
  • Decision making Support
  • Framework

Cite this

Yu, F., & Petersson Nielsen, C. (2019). Decision-making support for simulation solutions in small and medium sized enterprises. In 20th International CINet Conference Continuous Innovation Network.
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Yu, F & Petersson Nielsen, C 2019, Decision-making support for simulation solutions in small and medium sized enterprises. in 20th International CINet Conference. Continuous Innovation Network, 20th International CINet Conference, Odense, 08/09/2019.

Decision-making support for simulation solutions in small and medium sized enterprises. / Yu, Fei; Petersson Nielsen, Christian.

20th International CINet Conference. Continuous Innovation Network, 2019.

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

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T1 - Decision-making support for simulation solutions in small and medium sized enterprises

AU - Yu, Fei

AU - Petersson Nielsen, Christian

PY - 2019

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N2 - Over the recent years, Industry 4.0 principles, including factory simulation has increased in popularity. Where larger companies have an implementation strategy to implement this technology, small and medium-sized enterprises often do not. The key contribution of this paper is a conceptual decision-making structure that includes a developed decision-supporting tool targeted at small and medium-sized enterprises to help overcome this challenge. A performed literature review focused on manufacturing simulation frameworks, criteria for simulation solution selection, software evaluation methodologies and simulation solutions, creates the foundation for the key contribution. A company case study based on a German small and medium-sized enterprise verifies and validates the findings. It shows the value of the decision-making tool. In addition to a suggestion as the output, it triggers the process of learning and thinking, which shows more value to practitioners.

AB - Over the recent years, Industry 4.0 principles, including factory simulation has increased in popularity. Where larger companies have an implementation strategy to implement this technology, small and medium-sized enterprises often do not. The key contribution of this paper is a conceptual decision-making structure that includes a developed decision-supporting tool targeted at small and medium-sized enterprises to help overcome this challenge. A performed literature review focused on manufacturing simulation frameworks, criteria for simulation solution selection, software evaluation methodologies and simulation solutions, creates the foundation for the key contribution. A company case study based on a German small and medium-sized enterprise verifies and validates the findings. It shows the value of the decision-making tool. In addition to a suggestion as the output, it triggers the process of learning and thinking, which shows more value to practitioners.

KW - Simulation

KW - SMEs

KW - Decision making Support

KW - Framework

M3 - Article in proceedings

BT - 20th International CINet Conference

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Yu F, Petersson Nielsen C. Decision-making support for simulation solutions in small and medium sized enterprises. In 20th International CINet Conference. Continuous Innovation Network. 2019