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http://dx.doi.org/10.3744/SNAK.2016.53.5.420

A Study on the Framework of Decision Making on the Facility Investment of Production Automation Using CYCLONE Techniques  

Jeong, Hyeon-ki (Pusan National University)
Lee, Dong-soo (Pusan National University)
Bae, Jeong-hoon (Pusan National University)
Shin, Sung-chul (Pusan National University)
Kim, Soo-young (Pusan National University)
Lee, Jae-chul (Gyeongsang National University)
Jeong, Bo-yong (NPRT)
Publication Information
Journal of the Society of Naval Architects of Korea / v.53, no.5, 2016 , pp. 420-427 More about this Journal
Abstract
The marine equipment companies expanding facility investment in accordance with the booming economy are suffering from the reduced demand and the growth of chinese businesses. In this regard, the risk of overinvestment and the importance of prudent equipment investment must be reconsidered. Thus, in this study we performed a productivity and economical efficiency analysis in order to evaluate the investment value on production facilities in a company under the present conditions. The freezer of a fishing vessel manufactured by N company is selected as the subject of our study, while the assembly and welding cooling plates are configured as the scope of automation. Analysis on productivity and economical efficiency was conducted through CYCLONE (Cyclic Operation Network) simulation and economic analysis methods after analyzing the production process of freezer. The proposed analytical technique can be used to support the investment decision in production automation equipment of fishing vessels freezer.
Keywords
Productivity analysis; Economic analysis; CYCLONE Simulation; Freezer of a fishing vessel; Production automation;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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