Performance Visualization in Industrial Systems for Informed Decision Making
TypeArticles dans des revues avec comité de lecture
Information visualization is a key component of many decision support tools in sciences and engineering. Graph is a visual construct that is widely used to model information for visualization. In this paper, a value-risk graph is proposed to visualize the results of value-risk based performance measurement systems (PMSs). The proposed graph for PMS divides the overall performance of industrial systems into distinct zones to facilitate the decision-making process. The upper bound, lower bound, and target value of each measure are decided by the performance evaluator and, then, transformed into normalized values using value theory principles. The aggregation of normalized measures along value and risk lines when combined defines “highly desirable”, “feasible”, ”risky”, and “unacceptable” zones. Scenario performance data when plotted on the graph visualize the overall performance of the system in terms of value and risk. The proposed decision-making value-risk graph is illustrated with an example dealing with manufacturing process design but it can be applied to any kind of system evaluation.
Showing items related by title, author, creator and subject.
SHAH, Liaqat Ali; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (Springer US, 2014)A value-risk based decision-making tool is proposed for performance assessment of manufacturing scenarios. For this purpose, values (i.e. qualitative objective statements) and concerns (i.e. qualitative risk statements) ...
SHAH, Liaqat; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (2012)A value/risk -based performance evaluation framework is proposed in the context of manufacturing processes at the industrialization phase of product development. Various risk factors of the manufacturing process are ...
VERNADAT, François; SHAH, Liaqat; ETIENNE, Alain; SIADAT, Ali (Taylor&Francis, 2013)A new performance measurement and management framework based on value and risk is proposed. The proposed framework is applied to the modelling and evaluation of the a priori performance evaluation of manufacturing processes ...
SHAH, Liaqat A.; ETIENNE, Alain; SIADAT, Ali; VERNADAT, François (Informa UK Limited, 2016)A process-oriented risk assessment methodology is proposed. Risks involved in a process and the corresponding risk factors are identified through an objectives-oriented risk identification approach and evaluated qualitatively ...
Comprehensive Performance Expression Model for Industrial Performance Management and Decision Support LI, Fan; ETIENNE, Alain; VERNADAT, François; SIADAT, Ali (Elsevier BV, 2018)Due to proliferation of evaluation criteria and decision data overflow in nowadays fluctuating industrial environments, it is necessary to build a holistic, easy-to-use and efficient methodology for performance evaluation ...