Managing manufacturing technology investments: An intelligent learning system approach

Tan, K.H., Lim, C.P., Platts, K. and Koay, H.S. 2006, Managing manufacturing technology investments: An intelligent learning system approach, International journal of computer integrated manufacturing, vol. 19, no. 1, pp. 4-13.

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Title Managing manufacturing technology investments: An intelligent learning system approach
Author(s) Tan, K.H.
Lim, C.P.
Platts, K.
Koay, H.S.
Journal name International journal of computer integrated manufacturing
Volume number 19
Issue number 1
Start page 4
End page 13
Total pages 10
Publisher Taylor & Francis
Place of publication Essex, United Kingdom
Publication date 2006
ISSN 0951-192X
Keyword(s) Adaptive resonance theory
Case-based reasoning
Decision support
Manufacturing technology
Neural networks
Summary This paper proposes an intelligent decision-support system for managing manufacturing technology investments. The intelligent system is a hybrid integration of two information processing modules: case-based reasoning and fuzzy ARTMAP – a supervised adaptive resonance theory (ART) neural network with a multi-dimensional map. The developed system captures a company's strategic information, provides facilities to quantify qualitative attributes and analyses them alongside the quantitative attributes in an evaluation framework. Through the system, similar cases can be retrieved to enable managers to make effective use of their knowledge and experience of previously delivered technologies and projects as an input to the prioritization of future projects. Other salient features of the system include its ability to adapt and absorb new knowledge and responses pertaining to significant events in the business environment, as well as to extract and elucidate information from the knowledge database for explaining and justifying its analysis. The applicability of the developed system is evaluated using a real case study in collaboration with a pharmaceutical manufacturing firm.
Language eng
Field of Research 099999 Engineering not elsewhere classified
Socio Economic Objective 970109 Expanding Knowledge in Engineering
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2006, Taylor & Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30048779

Document type: Journal Article
Collection: Institute for Frontier Materials
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