Material handling and the provision of supporting resources, particularly tools, in flexible manufacturing systems (FMSs) can constrain production. To improve the productivity for an existing FMS, we ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

From sports shoes to car accessories - there is an increasing demand for individualized products. The economic and competitive production of industrial and consumer goods with a high degree of ...

Manufacturers have always had to be nimble, adjusting their production processes to meet their customers’ needs, and that means using technology to create a flexible manufacturing process in today's ...

October 16, 2005 When English physicist, futurist and science fiction master Arthur C. Clarke wrote “any sufficiently advanced technology is indistinguishable from magic” (in “Profiles of the ...