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Utility analysis and computer simulation of RFID technologies in the supply chain applications of production systems

Bolatlı, Yurtseven
In this thesis, the feasibility of deploying RFID technologies in the case of “lowvolume high-value” products is considered by focusing on the production processes of a real company. First, the processes of the company are examined and associated problems are determined. Accordingly, a simulation of the current situation is constructed by using the discrete event simulation technique, in order to obtain an accurate model. In addition to modeling the current situation, this simulation model provides a flexible platform to analyze different scenarios and their effects on the company production. Next, various scenarios including RFID technology deployment are examined, and their results are compared with respect to profitanalysis which takes into consideration the changes in the production, work in process (WIP) inventory, stockouts, transportation and initial investment. Finally, the analysis of the results and conclusions are given in order to provide guidance for companies with “low-volume high-value” product portfolios.