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International Journal of Production Research Volume 46, 2008 - Issue 23: Effective Decision Support for Lean and Six Sigma Methodologies
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Original Articles

A multi-objective model for project portfolio selection to implement lean and Six Sigma concepts

G. Hu Department of Industrial Engineering, University of Pittsburgh, Pittsburgh, PA, USA
,
L. Wang Department of Industrial and Manufacturing Systems Engineerings, Iowa State University, Ames, IA, USA
,
S. Fetch Manufacturing Operations Rectifier/Thyristor Products, Powerex Inc., Youngwood, PA, USA
&
B. Bidanda Department of Industrial Engineering, University of Pittsburgh, Pittsburgh, PA, USACorrespondence[email protected]
Pages 6611-6625 | Received 01 May 2008, Published online: 17 Oct 2008
 
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Abstract

Lean and Six Sigma methodologies play an important role in the quality and cost driven world with high competition. In this paper, we develop a unique decision support system that utilizes a multi-objective formulation for project portfolio selection problem in manufacturing companies. The model can be used to effectively implement Lean and Six Sigma concepts. An industrial case study that utilizes this model for implementing the Lean and Six Sigma initiatives is also presented.

Acknowledgements

This paper is supported in part by a grant from the Air Force Research Laboratories and the Doyle Center for Manufacturing Technology.

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