An economic feasibility study using a system-dynamics-based archetype of RFID implementation in a manufacturing firm

Industry 4.0 is an emerging manufacturing paradigm that relies on high-speed connectivity and myriad sensors for real-time data collection, defect detection, and cycle time reduction among other things. Radio Frequency Identification (RFID) is one technology within this paradigm that has reliably an...

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Veröffentlicht in:	International journal on interactive design and manufacturing 2021-09, Vol.15 (2-3), p.187-210
Hauptverfasser:	Elizondo-Noriega, Armando, Tiruvengadam, Naveen, Guemes-Castorena, David
Format:	Artikel
Sprache:	eng
Schlagworte:	CAE) and Design Capital costs Competition Computer-Aided Engineering (CAD Cycle time Developing countries Economic analysis Economic impact Electronics and Microelectronics Engineering Engineering Design Feasibility studies Impact analysis Industrial Design Industry 4.0 Instrumentation LDCs Manufacturing Mechanical Engineering Monte Carlo simulation New technology Opportunity costs Optimization techniques Original Paper Radio frequency identification Sensitivity analysis Simulation Supply chains System dynamics Technology Technology adoption
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