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Virtual Manufacturing Network
A Virtual Manufacturing Network (VMN), also known as Global Manufacturing Virtual Networks (GMVN), are a collaborative network where multiple manufacturing entities—ranging from original equipment manufacturers (OEMs) to component suppliers—cooperate through ICT infrastructures to function as an integrated supply network, despite not being under single ownership. VMNs enable participating firms to specialize in core competencies while outsourcing non-core tasks, thus reducing expenses. The progression from VMNs has led to the emergence of Dynamic Manufacturing Networks (DMNs), which offer rapid reconfiguration in response to market or supply chain changes. Emergence The idea of the GMVN was introduced in 2000. It emerged in response to the shift from traditional, vertically integrated manufacturing to collaborative networks of specialized, independent companies, particularly in the electronics industry. By the mid-1990s, original equipment manufacturers (OEMs) began ...
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Collaborative Network
A collaborative network is a network consisting of a variety of entities (e.g. organizations and people) that are largely autonomous, geographically distributed, and heterogeneous in terms of their operating environment, culture, social capital and goals, but that collaborate to better achieve common or compatible goals, and whose interactions are supported by computer networks. The discipline of collaborative networks focuses on the structure, behavior, and evolving dynamics of networks of autonomous entities that collaborate to better achieve common or compatible goals.L.M. Camarinha-Matos, H. Afsarmanesh, The emerging discipline of collaborative networks, J. Intelligent Manufacturing, vol. 16, Nº 4-5, pp 439-452, 2005. There are several manifestations of collaborative networks, e.g.: * Virtual enterprise (VE) * Virtual Organization (VO) * Dynamic Virtual Organization * Extended Enterprise * VO Breeding environment (VBE) * Professional virtual community (PVC) * Business Ecosyste ...
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Aerospace Industry
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, maintain, and repair both aircraft and spacecraft. The border between space and the atmosphere has been proposed as above the ground according to the physical explanation that the air density is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. This border has been called the Kármán line. Overview In most industrial countries, the aerospace industry is a co-operation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Ag ...
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Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed i ...
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Virtual Manufacturing
Virtual Manufacturing (VM) is an integrated, computer-based environment that uses simulation and modeling technologies to optimize manufacturing processes, product design, and enterprise operations—with the goal of reducing costs, improving quality, and shortening time-to-market. Initially developed for machiningoperations, VM has expanded to areas such as casting, forging, sheet metalworking, and robotics. VM employs tools such as discrete event simulation, finite element analysis (FEA), and 3D kinematics simulation to model and refine processes like CNC machining and robotic manufacturing. It also incorporates immersive technologies such as virtual reality (VR) and augmented reality (AR) to support operator training and system visualization. In the context of Industry 4.0, VM is enhanced through integration with digital twins, Internet of Things (IoT), artificial intelligence (AI), big data analytics, and cloud computing—enabling real-time monitoring, predictive maintenance ...
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General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the years, the company had multiple divisions, including GE Aerospace, aerospace, GE Power, energy, GE HealthCare, healthcare, lighting, locomotives, appliances, and GE Capital, finance. In 2020, GE ranked among the Fortune 500, ''Fortune'' 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000, ''Forbes'' Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE—Irving Langmuir (1932) and Ivar Giaever (1973)—have been awarded the Nobel Prize. From 1986 until 2013, GE was the owner of the NBC television network through its ...
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Lockheed Martin F-35 Lightning II
The Lockheed Martin F-35 Lightning II is an American family of single-seat, single-engine, supersonic Stealth aircraft, stealth strike fighters. A multirole combat aircraft designed for both Air superiority fighter, air superiority and attack aircraft, strike missions, it also has electronic warfare and intelligence, surveillance, and reconnaissance capabilities. Lockheed Martin is the prime F-35 contractor with principal partners Northrop Grumman and BAE Systems. The aircraft has three main variants: the CTOL, conventional takeoff and landing (CTOL) F-35A, the STOVL, short take-off and vertical-landing (STOVL) F-35B, and the carrier-based, carrier variant (CV) Catapult Assisted Take-Off But Arrested Recovery, catapult-assisted take-off but arrested recovery (CATOBAR) F-35C. The aircraft descends from the Lockheed Martin X-35, which in 2001 beat the Boeing X-32 to win the Joint Strike Fighter program, Joint Strike Fighter (JSF) program intended to replace the General Dynami ...
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Industria De Turbo Propulsores
ITP Aero (Industria de Turbo Propulsores) is a Spanish aero engine and gas turbine manufacturer. It was established in 1989 as a joint venture between Spanish engineering conglomerate SENER and Rolls-Royce Plc. By 2015, it had grown to become as the ninth largest aircraft engine and components manufacturing company in the world in terms of revenue; the firm is also ranked among the top one hundred companies in the aerospace industry. ITP Aero includes among its activities the design, research and development, manufacturing and casting, assembly and testing of aeronautical engines. It also provides MRO services for a wide range of engines for regional airlines, business aviation, helicopters, industrial and defence applications. The company has a global network of production facilities in Spain, United Kingdom, Mexico, United States, Malta and India with over 3,500 employees. ITP Aero's headquarters are located in Zamudio, close to the city of Bilbao in Spain. History Industria ...
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Volvo Aero
Volvo Aero was a Swedish aircraft engine, aircraft, guided missiles and rocket engine manufacturer. It became ''GKN Aerospace Engine Systems'' following the company's acquisition by British engineering conglomerate GKN during 2012. It was originally established as ''Nohab Flygmotorfabriker AB'' in 1930 to produce aero engines. The firm became a part of Saab AB, SAAB during 1937; Volvo later purchased most of the stock, thus it was renamed ''Svenska Flygmotor AB'' (''SFA'') and later ''Volvo Flygmotor''. It became the major engine supplier of the Swedish Air Force during the post-war period. During the 1970s, Volvo Flygmotor branched into the commercial aerospace sector, offering overhauls and subcomponent production for several international engine manufacturers, as well as into the European space sector. During the 2000s, Volvo Aero focused on cooperative ventures with various partner companies around the globe. As a result of the Great Recession, Volvo Aero experienced a sus ...
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Airbus A380
The Airbus A380 is a very large wide-body airliner, developed and produced by Airbus until 2021. It is the world's largest passenger airliner and the only full-length double-deck jet airliner. Airbus studies started in 1988, and the project was announced in 1990 to challenge the dominance of the Boeing 747 in the long-haul market. The then-designated A3XX project was presented in 1994 and Airbus launched the €–billion ($10.7–billion) A380 programme on 19 December 2000. The first prototype was unveiled in Toulouse, France on 18 January 2005, commencing its first flight on 27 April 2005. It then obtained its type certificate from the European Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA) on 12 December 2006. Due to difficulties with the electrical wiring, the initial production was delayed by two years and the development costs almost doubled. It was first delivered to Singapore Airlines on 15 October 2007 and entered service on 2 ...
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Trent 900
The Rolls-Royce Trent 900 is a high-bypass turbofan produced by Rolls-Royce plc to power the Airbus A380, competing with the Engine Alliance GP7000. Initially proposed for the Boeing 747#747-500X, -600X, and -700X, Boeing 747-500/600X in July 1996, this first application was later abandoned but was offered for the A3XX, launched as the A380 in December 2000. It first ran on 18 March 2003, made its maiden flight on 17 May 2004 on an A340 testbed, and was certified by the European Aviation Safety Agency, EASA on 29 October 2004. Producing up to of thrust, the Trent 900 has the three shaft architecture of the Rolls-Royce Trent family with a fan. It has a 8.5–8.7:1 bypass ratio and a 37–39:1 overall pressure ratio. Development In July 1996, Rolls-Royce offered the Trent 900 for the proposed Boeing 747#747-500X, -600X, and -700X, Boeing 747-500/600X, targeting a 2000 service entry and competing with the General Electric/Pratt & Whitney Engine Alliance. With a scaled-down Tre ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of Productivity, output produced per unit of cost (production cost). A decrease in unit cost, cost per unit of output enables an increase in scale that is, increased production with lowered cost. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of Market (economics), market control. Economies of scale arise in a variety of organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea o ...
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