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SME MM95-112
- Cost Justifying Quality Improvement
- standard by Society of Manufacturing Engineers, 06/01/1995
- Publisher: SME
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SIMULATION IS OFTEN USED TO ANALYZE THE IMPACT OF INVESTMENTS IN IMPROVEMENTS TO PRODUCTION SYSTEMS. FOR THIS TYPE OF PROBLEM, SIMULATION IS USEFUL FOR QUANTIFYING IMPROVEMENTS IN THROUGHPUT OR RESOURCE UTILIZATION TO HELP COST JUSTIFY THE INVESTMENT. HOWEVER, MANY OPPORTUNITIES CAN BE MISSED BY FAILING TO ANALYZE THE IMPACT OF PRODUCT QUALITY IMPROVEMENTS. FOR A THOROUGH ANALYSIS OF THIS TYPE OF PROBLEM, TAGUCHI'S METHODS USED IN CONJUNCTION WITH SIMULATION CAN PROVIDE A TRUE PICTURE OF THE IMPACT OF SYSTEM IMPROVEMENTS.