The globalization of competition, the complexity of the economy and the plethora of information available today place companies in a more than shifting context with which they must cope. Accelerating change becomes a constant feature of business life. Companies need methodological help to process a lot of information, In today's competitive world, customers are demanding better quality products with fast and reliable deliveries. To meet this demand, new manufacturing technologies are developing rapidly, resulting in new products and improvements in manufacturing processes. Today’s challenging world demands minimum loss and waste from industries. Moreover, it has to ensure the required quantity and quality with customer delivery lead time. ...