On Information and Performance of Complex Manufacturing Systems
Albert W. Jones, Larry H. Reeker, A S. Deshmukh
This paper makes several critical points related to the intrinsic relationship between information and performance in complex, dynamic systems. Using a manufacturing enterprise as an example, we highlight the co-dependence of information and decision outcomes in such systems, stress the impact of this co-dependence on the evolution and performance of these systems, and raise the research issues that are fundamental to a better understanding of both. We claim that the availability of the right information at the right time is crucial for making good decisions. We argue further that determining whether available information is indeed the right information is a difficult problem. Determining the difference between two information objects, and moreover, the impact of this difference on the decisions made, need to be investigated. Finally, we discuss the dependence of the value of an information object and the decision being made using that object.
Proceedings of the Manufacturing Complexity Network Conference
, Reeker, L.
and Deshmukh, A.
On Information and Performance of Complex Manufacturing Systems, Proceedings of the Manufacturing Complexity Network Conference, Cambridge, EN
(Accessed November 30, 2023)