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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM29398
Volume:
8 |
3 |
Mar 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Industry 4.0 is the revolution of the industry where all machines and their systems are combined together through complex networks in order to achieve higher degree of machine autonomy. Now there are 9 major technological advancements that marks i4.0’s advent. Out of these, 3 (Sensor, AI, AR/VR) have been taken as the most easily industry assimilable and thus their influence on the efficiency of manufacturing industry has been studied in the paper and an Informal model has been presented showing how they positively effect lean production in a modern industry and how their complexity cost and Advancements have a moderating impact on the industry and lean production.
KEYWORDS
Publication Date
12/31/45373
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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