Integration of Seasonal Autoregressive Integrated Moving Average and Bayesian Methods to Predict Production Throughput under Random Variables

Analysing and modelling efforts on production throughput are getting more complex due to random variables in today’s dynamic production systems. The objective of this study is to take multiple random variables of production into account when aiming for production throughput with higher accuracy of prediction. In the dynamic manufacturing environment, production lines have to cope with changes in set-up time, machinery breakdown, lead time of...