This paper presents an approximate analytical method for the performance evaluation of a production line with finite buffer capacity, multiple failure modes and multiple part types. This paper presents a solution to a class of problems where flexible machines take different parts to process from distinct dedicated input buffers and deposit produced parts into distinct dedicated output buffers with finite capacity. This paper considers the case of two part types processed on the line, but the method can be extended to the case of n part types. Also, the solution is developed for deterministic processing times of the machines which are all identical and are assumed to be scaled to unity. The approach however is amenable of extension to the ca...