ABSTRACT. This paper analyzes the outcomes of an exploratory review of the current research on cyber-physical manufacturing systems. The data used for this study was obtained and replicated from previous research conducted by Bain, Capgemini, Deloitte, Eclipse Foundation, Globant, MHI, and SME. I performed analyses and made estimates regarding the relationship between cognitive decision-making algorithms, real-time sensor networks, and Internet of Things smart devices. Data collected from 4,600 respondents are tested against the research model by using structural equation modeling.
JEL Codes: E24; J21; J54; J64

Keywords: sensor network; Internet of Things; manufacturing system; smart device

How to cite: Smith, A. (2020). “Cognitive Decision-Making Algorithms, Real-Time Sensor Networks, and Internet of Things Smart Devices in Cyber-Physical Manufacturing Systems,” Economics, Management, and Financial Markets 15(3): 30–36. doi:10.22381/EMFM15320204

Received 6 July 2020 • Received in revised form 5 September 2020
Accepted 7 September 2020 • Available online 9 September 2020