An economic model for determining AGV fleet size

SUMMARY

One of the important issues in the design of an automated guided vehicles system (AGVS) is the determination of the number of vehicles needed to operate the system in an efficient and economical way. In this paper a multi-criteria optimization model is developed using two goals, cost and throughput performance. By using a trade-off ratio between the goals the number of AGVs needed in the systems is determined. Use of management decision tables to enhance the solution procedure is introduced