In the face of a tumultuous economic landscape and the swift progress of
technology, businesses find themselves compelled to reshape their economic strategies
in response to the challenges posed by intense global competition. Numerous
scholars have delved into the realm of manufacturing systems and its array of
tools. This study conducts a thorough examination of the transition from Group
Technology to Dynamic Cellular Manufacturing System and offers insights into
the future of manufacturing systems, particularly the application of industry
4.0 in asset management.
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