Production Improvement Rate with Time Series Data on Standard Time at Manufacturing Sites.

Amid the changes brought about by the 4th Industrial Revolution, numerous studies have been undertaken to develop smart factories, with a strong emphasis on knowledge-based manufacturing through smart factory construction. Advances in manufacturing data collection, fusion, and mining technologies have significantly bolstered the utilization of knowledge-based manufacturing. Data mining technology is widely employed for facility maintenance and failure prediction. Smart factory operations are pursuing automation and autonomization. Automation of production planning is also essential to achieve automation and autonomy in factory operations, from planning to execution. With the advancement of data mining technology, it is possible to automate production planning for the production planning and prediction of future production through information based on current conditions based on the past. The baseline information generated based on the current situation is suitable for automating short-term operational planning. If we generate time series reference information based on data from the past to the present, we can also automate long-term operation planning. By measuring the results of productivity improvements in mass-produced products from the past to the present and extrapolating them to future products, time series baseline information on production time is generated. If the baseline information is used for long-term planning, it can be used to predict future production capacity and facility shortages. This study presents a methodology and utilization method for calculating the rate of change in production time, which can be applied to production plan prediction and equipment investment capacity forecasting in future factory operations, using historical time series production time data. [ABSTRACT FROM AUTHOR]

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