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Table of contents
1. Introduction
1.1 Background
1.2 Problem formulation
1.3 Aim and research questions
1.4 Project limitations
2. Research method
2.1 Quantitative vs. Qualitative method
2.2 Case study
2.3 Case company
2.4 Research method, data collection and analysis
3. Theoretic framework
3.1 Description of an SMT line
3.2 Economic Order Quantity
3.3 Discussion about setup cost
3.4 Single Minute Exchange of Die
3.4.1 Fundamentals of SMED
3.4.2 Discussion over SMED
3.5 Linear optimization, nonlinear optimization
3.6 Exact methods, Heuristics
3.6.1 Genetic Algorithm
4. Results (Empirics)
4.1 Calculating EOQs
4.2 Discussion over setup cost
4.3 Writing an optimization model
4.4 Solving the optimization model
4.5 Setup improvement
5. Analysis
6. Conclusions and Recommendations
7. References
8. Appendices
A. The GA code for MATLAB
B. Tables 12 to 14




