A review of asset management literature on multi-asset systems

This article gives an overview of the literature on asset management for multi-unit systems with an emphasis on two multi-asset categories: fleet (a system of homogeneous assets) and portfolio (a system of heterogeneous assets). As asset systems become more complicated, researchers have employed different terms to refer to their specific problems. With an objective to facilitate readers in searching conducive studies to their interests, this paper establishes a novel classification scheme for multi-unit systems in accordance with essential features such as diversity of assets and intervention options. Moreover, discerning differences in characteristics between cross-component and cross-asset interactions, we select three types of potential multi-component dependencies (performance, stochastic, and resource) and extend their notions to be applicable to multi-asset systems. The investigation into these dependencies enables the identification of problems that could exist in real industrial settings but are yet to be determined in academia. Ultimately, we delve into modelling approaches adopted by previous researchers. This comprehensive information allows us to offer the insights into the current trends in multi-asset maintenance. We expect that the output of this review paper will not only stress research gaps on multi-asset systems, but more importantly help systematise future studies on this aspect

Partner selection in sustainable supply chains: a fuzzy ensemble learning model

With the increasing demands on businesses to operate more sustainably, firms must ensure that the performance of their whole supply chain in sustainability is optimized. As partner selection is critical to supply chain management, focal firms now need to select supply chain partners that can offer a high level of competence in sustainability. This paper proposes a novel multi-partner classification model for the partner qualification and classification process, combining ensemble learning technology and fuzzy set theory. The proposed model enables potential partners to be classified into one of four categories (strategic partner, preference partner, leverage partner and routine partner), thereby allowing distinctive partner management strategies to be applied for each category. The model provides for the simultaneous optimization of both efficiency in its use of multi-partner and multi-dimension evaluation data, and effectiveness in dealing with the vagueness and uncertainty of linguistic commentary data. Compared to more conventional methods, the proposed model has the advantage of offering a simple classification and a stable prediction performance. The practical efficacy of the model is illustrated by an application in a listed electronic equipment and instrument manufacturing company based in southeastern China

An Investigation into Factors Affecting the Chilled Food Industry

With the advent of Industry 4.0, many new approaches towards process monitoring, benchmarking and traceability are becoming available, and these techniques have the potential to radically transform the agri-food sector. In particular, the chilled food supply chain (CFSC) contains a number of unique challenges by virtue of it being thought of as a temperature controlled supply chain. Therefore, once the key issues affecting the CFSC have been identified, algorithms can be proposed, which would allow realistic thresholds to be established for managing these problems on the micro, meso and macro scales. Hence, a study is required into factors affecting the CFSC within the scope of Industry 4.0. The study itself has been broken down into four main topics: identifying the key issues within the CFSC; implementing a philosophy of continuous improvement within the CFSC; identifying uncertainty within the CFSC; improving and measuring the performance of the supply chain. However, as a consequence of this study two further topics were added: a discussion of some of the issues surrounding information sharing between retailers and suppliers; some of the wider issues affecting food losses and wastage (FLW) on the micro, meso and macro scales. A hybrid algorithm is developed, which incorporates the analytic hierarchical process (AHP) for qualitative issues and data envelopment analysis (DEA) for quantitative issues. The hybrid algorithm itself is a development of the internal auditing algorithm proposed by Sueyoshi et al (2009), which in turn was developed following corporate scandals such as Tyco, Enron, and WorldCom, which have led to a decline in public trust. However, the advantage of the proposed solution is that all of the key issues within the CFSC identified can be managed from a single computer terminal, whilst the risk of food contamination such as the 2013 horsemeat scandal can be avoided via improved traceability

A simulated annealing approach to supplier selection aware inventory planning

Selection of an appropriate supplier is a crucial and challenging task in the effective management of a supply chain. Also, appropriate inventory management is critical to the success of a supply chain operation. In recent years, there has been a growing interest in the area of selection of an appropriate vendor and creating good inventory planning using supplier selection information. In this paper, we consider both of these tasks in a two-stage approach employing Interval Type-2 Fuzzy Sets (IT2FS) and Simulated Annealing (SA). In the first stage, the supplier selection problem is solved by using IT2FS for ranking the suppliers. We present an inventory model incorporating information from the first stage that captures the influence of supplier risk on the total cost of supply chain operation. In the second stage, SA is used for solving the inventory planning problem based on this model improving on both supply chain operation cost and supplier risk. In this study, we evaluated our approach using different scenarios and scalarisation techniques for SA to handle two objectives, simultaneously

Consciosusness in Cognitive Architectures. A Principled Analysis of RCS, Soar and ACT-R

This report analyses the aplicability of the principles of consciousness developed in the ASys project to three of the most relevant cognitive architectures. This is done in relation to their aplicability to build integrated control systems and studying their support for general mechanisms of real-time consciousness.\ud To analyse these architectures the ASys Framework is employed. This is a conceptual framework based on an extension for cognitive autonomous systems of the General Systems Theory (GST).\ud A general qualitative evaluation criteria for cognitive architectures is established based upon: a) requirements for a cognitive architecture, b) the theoretical framework based on the GST and c) core design principles for integrated cognitive conscious control systems

Industry 4.0 project prioritization by using q-spherical fuzzy rough analytic hierarchy process

The Fourth Industrial Revolution, also known as Industry 4.0, is attracting a significant amount of attention because it has the potential to revolutionize a variety of industries by developing a production system that is fully automated and digitally integrated. The implementation of this transformation, however, calls for a significant investment of resources and may present difficulties in the process of adapting existing technology to new endeavors. Researchers have proposed integrating the Analytic Hierarchy Process (AHP) with extensions of fuzzy rough sets, such as the three-dimensional q-spherical fuzzy rough set (q-SFRS), which is effective in handling uncertainty and quantifying expert judgments, to prioritize projects related to Industry 4.0. This would allow the projects to be ranked in order of importance. In this article, a novel framework is presented that combines AHP with q-SFRS. To calculate aggregated values, the new framework uses a new formula called the q-spherical fuzzy rough arithmetic mean, when applied to a problem involving the selection of a project with five criteria for evaluation and four possible alternatives, the suggested framework produces results that are robust and competitive in comparison to those produced by other multi-criteria decision-making approaches

Technical Evaluation Report for Symposium AVT-147: Computational Uncertainty in Military Vehicle Design

The complexity of modern military systems, as well as the cost and difficulty associated with experimentally verifying system and subsystem design makes the use of high-fidelity based simulation a future alternative for design and development. The predictive ability of such simulations such as computational fluid dynamics (CFD) and computational structural mechanics (CSM) have matured significantly. However, for numerical simulations to be used with confidence in design and development, quantitative measures of uncertainty must be available. The AVT 147 Symposium has been established to compile state-of-the art methods of assessing computational uncertainty, to identify future research and development needs associated with these methods, and to present examples of how these needs are being addressed and how the methods are being applied. Papers were solicited that address uncertainty estimation associated with high fidelity, physics-based simulations. The solicitation included papers that identify sources of error and uncertainty in numerical simulation from either the industry perspective or from the disciplinary or cross-disciplinary research perspective. Examples of the industry perspective were to include how computational uncertainty methods are used to reduce system risk in various stages of design or development

An Adaptive ANP & ELECTRE IS-Based MCDM Model Using Quantitative Variables

[EN] The analytic network process (ANP) is a discrete multi-criteria decision-making (MCDM) method conceived as a generalization of the traditional analytic hierarchical process (AHP) to address its limitations. ANP allows the incorporation of interdependence and feedback relationships between the criteria and alternatives that make up the system. This implies much more complexity and intervention time, which reduces the expert¿s ability to make accurate and consistent judgments. The present paper takes advantage of the usefulness of this methodology by formulating the model for exclusively quantitative variables, simplifying the decision problem by resulting in fewer paired comparisons. Seven sustainability-related criteria are used to determine, among four design alternatives for a building structure, which is the most sustainable over its life cycle. The results reveal that the number of questions required by the conventional AHP is reduced by 92%. The weights obtained between the AHP and ANP groups show significant variations of up to 71% in the relative standard deviation of some criteria. This sensitivity to subjectivity has been implemented by combining the ANP-ELECTRE IS methods, allowing the expert to reflect the view of the decision problem with greater flexibility and accuracy. The sensitivity of the results on different methods has been analyzed.Grant PID2020-117056RB-I00 funded by MCIN/AEI/10.13039/501100011033 and by "ERDF A way of making Europe".Sánchez-Garrido, AJ.; Navarro, IJ.; García, J.; Yepes, V. (2022). An Adaptive ANP & ELECTRE IS-Based MCDM Model Using Quantitative Variables. Mathematics. 10(12):1-24. https://doi.org/10.3390/math10122009124101

A Decision Tool for Supplier Selection That Takes into Account Power and Performance

Companies select their suppliers to provide required performance while being successful partners. An important aspect of collaboration is the power relationship between the company and its suppliers. Although the significance of power in supplier selection is acknowledged, published work rarely includes assessment of power. An empirical study on selecting suppliers for new product developments in a major European diesel engine manufacturing company, supported by three smaller studies with electronic engineering companies, frames overall questions regarding the importance of incorporating power into supplier selection and how this might be achieved. This research proposes an approach that assesses both performance and power and integrates the assessment results by modelling the relative effects of power and performance. It positions the suppliers into six scenarios (ideal, satisfying, tolerable, unfavourable, risky and tough) which depict to what extent a supplier is ‘suitable’ to work with. A reverse analysis reviews the relationship when several suppliers appear suitable. An assessment method is developed incorporating both subjective and objective data for qualitative and quantitative criteria. It combines two decision making methods, AHP and TOPSIS, with triangular fuzzy numbers. Multiple judgements from several decision makers are synthesised. This method is adapted for performance assessment of single, group and cross-group suppliers. Weights are calculated for the criteria, and combined with calculations of supplier performance against each criterion to provide an overall assessment and supplier profile. Power is quantified against a set of power determinants and power relations (supplier dominance, buyer dominance and balanced) are determined. The effects of supplier perceptions (objective, optimistic and pessimistic) are estimated in the calculation. The proposed approach involves complex calculations and a prototype software tool is developed with graphical interfaces. The tool includes performance criteria and power determinants collected from literature and allows users to define new ones. Application to an agriculture case enables the sustainable performance of suppliers (farmers) to be evaluated and compared