APPLICATION OF CORE TECHNOLOGIES FOR SMART MANUFACTURING: A CASE STUDY OF COST BENEFIT ANALYSIS BASED ON MODELING AND SIMULATION FOR SUSTAINABILITY

Recently, corporations around the world have been making numerous efforts to innovate manufacturing due to intensified competition. These innovations in manufacturing can be characterized as "smart" manufacturing technology, and include Cyber Physical System(CPS), Internet of Things(IoT), big data, and cloud computing as applications of diverse information technologies. This study introduces research that has focused on Material Flow Cost Accounting(MFCA) in consideration of sustainability, targeting vehicle recycling factories, using an Modeling and Simulation(M&S) technique, which is one of the core elements of actualizing CPS among the core technologies in smart factory manufacturing. Specifically, this study describes the process from entering necessary data for a simulation to model creation to MFCA analysis, and verifies the applicability of the system using test examples.