Simulating production risk at Volvo Powertrain - Developing a simulation tool for decision making
How can a small fire at a subcontractor in the USA lead to a multimillion dollar loss at a Swedish telephone company, and how can a single machine breakdown lead to a complete production stop at a production company? With today logistics and production trends, where terms such as Lean Production, Six Sigma, 5S, and World Class Manufacturing are used every day, production companies are introducing
