Economic justification of advanced manufacturing technology

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Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (851 download)

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Book Synopsis Economic justification of advanced manufacturing technology by : R. V. Ramasesh

Download or read book Economic justification of advanced manufacturing technology written by R. V. Ramasesh and published by . This book was released on 1993 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic and Financial Justification of Advanced Manufacturing Technologies

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Publisher : Elsevier
ISBN 13 : 1483291359
Total Pages : 320 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Economic and Financial Justification of Advanced Manufacturing Technologies by : Hamid R. Parsaei

Download or read book Economic and Financial Justification of Advanced Manufacturing Technologies written by Hamid R. Parsaei and published by Elsevier. This book was released on 2013-10-22 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competence in investment analysis is now a basic requirement for most practicing managers, engineers, and financial analysts in order to avoid possible serious mistakes arising from flawed or inadequate knowledge of the discipline. Furthermore, individuals who make decisions based on technical economics stake their professional futures, in many cases, on the accuracy of such evaluations. The aim of this volume is to provide a balanced view of the essential components of economic and financial analysis including: 1. Strategic and design issues; 2. Principles of cost management systems and activity-based costing, and; 3. Tools for developing the financial measures of investment worth, with advanced topics and case studies in these three areas.This volume provides a refreshing insight into the various methods that engineers, managers, and financial analysts may need to consider to find good alternatives for the investment of scarce resources. Not only are new ventures presented, but also improvements within existing facilities that include process modification, product design, equipment replacement, and plant expansion/contraction.

A Multicriteria Decision Model for the Economic Justification of Advanced Manufacturing Technology

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Publisher :
ISBN 13 :
Total Pages : 806 pages
Book Rating : 4.:/5 (551 download)

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Book Synopsis A Multicriteria Decision Model for the Economic Justification of Advanced Manufacturing Technology by : Elin L. MacStravic

Download or read book A Multicriteria Decision Model for the Economic Justification of Advanced Manufacturing Technology written by Elin L. MacStravic and published by . This book was released on 1991 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Advanced Manufacturing Systems

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Publisher : Springer Science & Business Media
ISBN 13 : 1461534801
Total Pages : 374 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Economics of Advanced Manufacturing Systems by : Hamid R. Parsaei

Download or read book Economics of Advanced Manufacturing Systems written by Hamid R. Parsaei and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1980s have witnessed a tremendous growth in the field of computer integrated manufacturing systems. The other major areas of development have been computer-aided design, computer-aided manufacturing, industrial robotics, automated assembly, cellular and modular material handling, computer networking and office automation to name just a few. These new technologies are generally capital intensive and do not conform to traditional cost structures. The net result is a tremendous change in the way costs should be estimated and economic analyses performed. The majority of existing engineering economy texts still profess application of traditional analysis methods. But, as was men tioned above, it is clear that the basic trend in manufacturing industries is itself changing. So it is quite obvious that the practice of traditional economic analysis methods should change too. This book is an attempt to address the various issues associated with non-traditional methods for evaluation of advanced computer-integrated technologies. This volume consists of twenty refereed articles which are grouped into five parts. Part one, Economic Justification Methods, consists of six articles. In the first paper, Soni et at. present a new classification for economic justification methods for advanced automated manufacturing systems. In the second, Henghold and LeClair look at strengths and weaknesses of expert systems in general and more specifically, an ap plication aimed at investment justification in advanced technology. The third paper, by Carrasco and Lee, proposes an enhanced economic methodology to improve the needs analysis, conceptual design and de tailed design activities associated with technology modernization.

Advanced Manufacturing

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Publisher : MIT Press
ISBN 13 : 0262037033
Total Pages : 417 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Advanced Manufacturing by : William B. Bonvillian

Download or read book Advanced Manufacturing written by William B. Bonvillian and published by MIT Press. This book was released on 2018-01-12 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to rethink innovation and revitalize America's declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process. The United States lost almost one-third of its manufacturing jobs between 2000 and 2010. As higher-paying manufacturing jobs are replaced by lower-paying service jobs, income inequality has been approaching third world levels. In particular, between 1990 and 2013, the median income of men without high school diplomas fell by an astonishing 20% between 1990 and 2013, and that of men with high school diplomas or some college fell by a painful 13%. Innovation has been left largely to software and IT startups, and increasingly U.S. firms operate on a system of “innovate here/produce there,” leaving the manufacturing sector behind. In this book, William Bonvillian and Peter Singer explore how to rethink innovation and revitalize America's declining manufacturing sector. They argue that advanced manufacturing, which employs such innovative technologies as 3-D printing, advanced material, photonics, and robotics in the production process, is the key. Bonvillian and Singer discuss transformative new production paradigms that could drive up efficiency and drive down costs, describe the new processes and business models that must accompany them, and explore alternative funding methods for startups that must manufacture. They examine the varied attitudes of mainstream economics toward manufacturing, the post-Great Recession policy focus on advanced manufacturing, and lessons from the new advanced manufacturing institutes. They consider the problem of “startup scaleup,” possible new models for training workers, and the role of manufacturing in addressing “secular stagnation” in innovation, growth, the middle classes, productivity rates, and related investment. As recent political turmoil shows, the stakes could not be higher.

Selection and Evaluation of Advanced Manufacturing Technologies

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Publisher : Springer Science & Business Media
ISBN 13 : 3642956211
Total Pages : 332 pages
Book Rating : 4.6/5 (429 download)

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Book Synopsis Selection and Evaluation of Advanced Manufacturing Technologies by : Matthew J. Liberatore

Download or read book Selection and Evaluation of Advanced Manufacturing Technologies written by Matthew J. Liberatore and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Matthew J. Liberatore Department of Management Villanova University Villanova, PA 19085 1. BACKGROUND The weakening competitive position of many segments of u.s. manufacturing has been analyzed, debated and discussed in corporate boardrooms, academic journals and the popular literature. One result has been a renewed commitment toward improving productivity and quality in the workplace. The drive to reduce manufacturing related costs, while meeting ever-changing customer needs, has led many firms to consider more automated and flexible manufacturing systems. The extent to which these new technologies can support business goals in productivity, quality and flexibility is an especially important issue for manufacturing firms in the u.s. and other Western nations. Problems have arisen in developing performance measures and evaluation criteria which reflect the full range of costs and benefits associated with these technologies. Some would argue that managerial policies and attitudes, and not the shortcomings of the equipment or manufacturing processes, are the major impediments to implementation (Kaplan 1984).

Justifying Investment in Advanced Manufacturing Technology

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Publisher : Springer Science & Business Media
ISBN 13 : 1475756267
Total Pages : 68 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Justifying Investment in Advanced Manufacturing Technology by : The Chartered Institute of Management Accountants the Institution of Production Engineers

Download or read book Justifying Investment in Advanced Manufacturing Technology written by The Chartered Institute of Management Accountants the Institution of Production Engineers and published by Springer Science & Business Media. This book was released on 2013-11-21 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Towards the end of 1983, the Advisory Council for Applied Research and Development (ACARD) published a report giving the findings of a working group which had been set up to study the factors which inhibited or supported the introduction of advanced manufacturing technology (AMT) in engineering manufacture. Prominent amongst their findings was that, up to that time, 'appraisal of investment in AMT on a short-term financial basis was not entirely adequate' and that 'the conventional approach to financial appraisal techniques, directed towards an early return on capital invested, may be inappropriate'. Today, over three years later, advanced manufacturing technology is more widely recognised and is providing a proven solution to survival and growth for manufacturers. However, many medium-and small-size companies are still finding great difficulty in the evaluation and justification of investment in this vital area. The Institution of Production Engineers therefore set up a special joint working party with The Chartered Institute of Management Accountants to follow up the ACARD report, with the objective of examining the whole area of the justification of investment in advanced manufacturing technology.

Advanced Manufacturing Technology in China: A Roadmap to 2050

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Publisher : Springer Science & Business Media
ISBN 13 : 3642138551
Total Pages : 160 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Advanced Manufacturing Technology in China: A Roadmap to 2050 by : Tianran Wang

Download or read book Advanced Manufacturing Technology in China: A Roadmap to 2050 written by Tianran Wang and published by Springer Science & Business Media. This book was released on 2012-03-02 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: As one of the eighteen field-specific reports comprising the comprehensive scope of the strategic general report of the Chinese Academy of Sciences, this sub-report addresses long-range planning for developing science and technology in the field of advanced manufacturing technology. They each craft a roadmap for their sphere of development to 2050. In their entirety, the general and sub-group reports analyze the evolution and laws governing the development of science and technology, describe the decisive impact of science and technology on the modernization process, predict that the world is on the eve of an impending S&T revolution, and call for China to be fully prepared for this new round of S&T advancement. Based on the detailed study of the demands on S&T innovation in China’s modernization, the reports draw a framework for eight basic and strategic systems of socio-economic development with the support of science and technology, work out China’s S&T roadmaps for the relevant eight basic and strategic systems in line with China’s reality, further detail S&T initiatives of strategic importance to China’s modernization, and provide S&T decision-makers with comprehensive consultations for the development of S&T innovation consistent with China’s reality. Supported by illustrations and tables of data, the reports provide researchers, government officials and entrepreneurs with guidance concerning research directions, the planning process, and investment. Founded in 1949, the Chinese Academy of Sciences is the nation’s highest academic institution in natural sciences. Its major responsibilities are to conduct research in basic and technological sciences, to undertake nationwide integrated surveys on natural resources and ecological environment, to provide the country with scientific data and consultations for government’s decision-making, to undertake government-assigned projects with regard to key S&T problems in the process of socio-economic development, to initiate personnel training, and to promote China’s high-tech enterprises through its active engagement in these areas.

A Tool for the Economic Evaluation and Justification of Advanced Manufacturing Technologies

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Publisher :
ISBN 13 :
Total Pages : 610 pages
Book Rating : 4.:/5 (349 download)

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Book Synopsis A Tool for the Economic Evaluation and Justification of Advanced Manufacturing Technologies by : Donald Eric Aye

Download or read book A Tool for the Economic Evaluation and Justification of Advanced Manufacturing Technologies written by Donald Eric Aye and published by . This book was released on 1996 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Justifying Investment in Advanced Manufacturing Technology

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Publisher : Springer
ISBN 13 : 9781850914648
Total Pages : 67 pages
Book Rating : 4.9/5 (146 download)

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Book Synopsis Justifying Investment in Advanced Manufacturing Technology by : The Chartered Institute of Management Accountants the Institution of Production Engineers

Download or read book Justifying Investment in Advanced Manufacturing Technology written by The Chartered Institute of Management Accountants the Institution of Production Engineers and published by Springer. This book was released on 1987-06-30 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Towards the end of 1983, the Advisory Council for Applied Research and Development (ACARD) published a report giving the findings of a working group which had been set up to study the factors which inhibited or supported the introduction of advanced manufacturing technology (AMT) in engineering manufacture. Prominent amongst their findings was that, up to that time, 'appraisal of investment in AMT on a short-term financial basis was not entirely adequate' and that 'the conventional approach to financial appraisal techniques, directed towards an early return on capital invested, may be inappropriate'. Today, over three years later, advanced manufacturing technology is more widely recognised and is providing a proven solution to survival and growth for manufacturers. However, many medium-and small-size companies are still finding great difficulty in the evaluation and justification of investment in this vital area. The Institution of Production Engineers therefore set up a special joint working party with The Chartered Institute of Management Accountants to follow up the ACARD report, with the objective of examining the whole area of the justification of investment in advanced manufacturing technology.

Securing Advanced Manufacturing in the United States

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Publisher : National Academies Press
ISBN 13 : 0309464528
Total Pages : 129 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Securing Advanced Manufacturing in the United States by : National Academies of Sciences, Engineering, and Medicine

Download or read book Securing Advanced Manufacturing in the United States written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-11-11 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Manufacturing USA initiative seeks to reinforce U.S.-based advanced manufacturing through partnerships among industry, academia, and government. Started in 2012 and established with bipartisan support by the Revitalize American Manufacturing and Innovation Act of 2014, the initiative envisages a nationwide network of research centers for manufacturing innovation. As of May 2017, 14 manufacturing innovation institutes had been established to facilitate the movement of early-stage research into proven capabilities ready for adoption by U.S. manufacturers. To better understand the role and experiences of the Manufacturing USA institutes to date, a committee of the Innovation Policy Forum of the National Academies of Sciences, Engineering, and Medicine convened a workshop on May 23, 2017 drawing together institute directors and manufacturing policy experts along with leaders from industry, academia, and government. Participants addressed the role of the manufacturing institutes in increasing advanced manufacturing in the United States, examined selected foreign programs designed to support advanced manufacturing, and reviewed recent assessments of existing institutes. This publication summarizes the presentations and discussions from the workshop.

Investment Decisions in Advanced Manufacturing Technology

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Publisher : Routledge
ISBN 13 : 0429826826
Total Pages : 350 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Investment Decisions in Advanced Manufacturing Technology by : Magdy G. Abdel-Kader

Download or read book Investment Decisions in Advanced Manufacturing Technology written by Magdy G. Abdel-Kader and published by Routledge. This book was released on 2018-12-20 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume was designed to lead to an operational model of Advanced Manufacturing Technology (AMT) decision making which incorporated the mathematics of fuzzy set theory. The rapid advancement of robotics, automated technologies and software such as CAD and CAM have made such studies paramount. Here, analyses of a questionnaire survey and field study of major UK manufacturing companies together provide a simulating portrayal of AMT investment decision making and have been expanded upon with a model using fuzzy set theory.

Investment Decisions in Advanced Manufacturing Technology

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Publisher : Routledge
ISBN 13 : 0429826818
Total Pages : 368 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Investment Decisions in Advanced Manufacturing Technology by : Magdy G. Abdel-Kader

Download or read book Investment Decisions in Advanced Manufacturing Technology written by Magdy G. Abdel-Kader and published by Routledge. This book was released on 2018-12-20 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume was designed to lead to an operational model of Advanced Manufacturing Technology (AMT) decision making which incorporated the mathematics of fuzzy set theory. The rapid advancement of robotics, automated technologies and software such as CAD and CAM have made such studies paramount. Here, analyses of a questionnaire survey and field study of major UK manufacturing companies together provide a simulating portrayal of AMT investment decision making and have been expanded upon with a model using fuzzy set theory.

Selection and Evaluation of Advanced Manufacturing Technologies

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Author :
Publisher : Springer
ISBN 13 : 9783540526568
Total Pages : 324 pages
Book Rating : 4.5/5 (265 download)

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Book Synopsis Selection and Evaluation of Advanced Manufacturing Technologies by : Matthew J. Liberatore

Download or read book Selection and Evaluation of Advanced Manufacturing Technologies written by Matthew J. Liberatore and published by Springer. This book was released on 1990-06-29 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Matthew J. Liberatore Department of Management Villanova University Villanova, PA 19085 1. BACKGROUND The weakening competitive position of many segments of u.s. manufacturing has been analyzed, debated and discussed in corporate boardrooms, academic journals and the popular literature. One result has been a renewed commitment toward improving productivity and quality in the workplace. The drive to reduce manufacturing related costs, while meeting ever-changing customer needs, has led many firms to consider more automated and flexible manufacturing systems. The extent to which these new technologies can support business goals in productivity, quality and flexibility is an especially important issue for manufacturing firms in the u.s. and other Western nations. Problems have arisen in developing performance measures and evaluation criteria which reflect the full range of costs and benefits associated with these technologies. Some would argue that managerial policies and attitudes, and not the shortcomings of the equipment or manufacturing processes, are the major impediments to implementation (Kaplan 1984).

Organization and Management of Advanced Manufacturing

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471555087
Total Pages : 452 pages
Book Rating : 4.5/5 (55 download)

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Book Synopsis Organization and Management of Advanced Manufacturing by : Waldemar Karwowski

Download or read book Organization and Management of Advanced Manufacturing written by Waldemar Karwowski and published by John Wiley & Sons. This book was released on 1994-03-31 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes into account the effective use of human factors issues in advanced manufacturing which would make the difference between the failure or success of industrial corporations. International authorities describe how to implement methods and techniques, applicable on a global basis, into manufacturing and process industries where change is being brought about as they move to concurrent engineering formats of operation.

Economic Evaluation of Advance Technologies

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Publisher : CRC Press
ISBN 13 : 9781560329152
Total Pages : 254 pages
Book Rating : 4.3/5 (291 download)

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Book Synopsis Economic Evaluation of Advance Technologies by : Jerome P. Lavelle

Download or read book Economic Evaluation of Advance Technologies written by Jerome P. Lavelle and published by CRC Press. This book was released on 2001-12-14 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text illuminates the contemporary issues and technologies related to the economic evaluation and justification of advanced technologies. Included are modern tools, as well as application-based cases that demonstrate the use of these tools. Students, researchers and decision makers will benefit from this useful resource.

Unit Manufacturing Processes

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Publisher : National Academies Press
ISBN 13 : 0309176670
Total Pages : 228 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Unit Manufacturing Processes by : National Research Council

Download or read book Unit Manufacturing Processes written by National Research Council and published by National Academies Press. This book was released on 1995-01-03 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing, reduced to its simplest form, involves the sequencing of product forms through a number of different processes. Each individual step, known as an unit manufacturing process, can be viewed as the fundamental building block of a nation's manufacturing capability. A committee of the National Research Council has prepared a report to help define national priorities for research in unit processes. It contains an organizing framework for unit process families, criteria for determining the criticality of a process or manufacturing technology, examples of research opportunities, and a prioritized list of enabling technologies that can lead to the manufacture of products of superior quality at competitive costs. The study was performed under the sponsorship of the National Science Foundation and the Defense Department's Manufacturing Technology Program.