Fields of Application of Artificial Intelligence—Production Area

Ralf T. Kreutzer () and Marie Sirrenberg ()
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Ralf T. Kreutzer: Berlin School of Economics and Law

Chapter 3 in Understanding Artificial Intelligence, 2020, pp 87-103 from Springer

Abstract: Abstract In this chapter you will see that Artificial Intelligence can unfold its comprehensive effects especially in the field of production. In addition to cost reduction through more efficient use of plants and processes, flexibility in production can also be increased. It is important to implement a digital value chain to install the necessary connections to upstream and downstream service partners. With the support of Artificial Intelligence significant improvements in the relevant KPIs across all stages of the value chain can be achieved.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-25271-7_3

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DOI: 10.1007/978-3-030-25271-7_3

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