Floor space optimization of Molds in Boat Manufacturing using Dynamic programming and optimization algorithm

Floor space management in manufacturing of boats requires to be optimized as much as possible and particularly with reference to molds, which are large fixed assets. This article uses dynamic programming to solve the problem of floor space allocation, with particular emphasis on the minimization of unused space and the maximization of mold placement. By specifying the problem as a resource allocation problem, the article naturally considers spatial configurations and operational conditions such as mold size, production timeline, and material transportation. The dynamic programming approach is used to provide a scalable and cost-efficient solution as it is a decomposition of the problem into sub-problems and the global optimum is achieved for layouts. The analysis shows a potential of achieving a high space utilization, the elimination of operational constraints and an improvement of flow rates leading to the formulation of smart manufacturing solutions in the boat industry. This article explains about the analysis of Optimizing Floor Space in Boat Manufacturing, Formulation of the Mold Arrangement Challenge, Key Constraints and Variables in Space Optimization, Dynamic Programming for Mold Layout Optimization, Significance of Efficient Floor Space Utilization and Practical Applications in Boat Manufacturing Facilities were also discussed. In this review article, a total number of 60 papers were choosen from the year 2019 to 2024 accordingly. Moreover, 11 papers were selected from the year 2019, 18 papers were selected from 2020, 13 were selected from the year 2021, 9 papers from the year 2022, 6 papers were selected from 2023 and 3 were from 2024 respectively