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.

Justifying Investment in Advanced Manufacturing Technology

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Author :
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.

Justifying Investment in Advanced Manufacturing Technology

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Author :
Publisher :
ISBN 13 : 9780948036309
Total Pages : 67 pages
Book Rating : 4.0/5 (363 download)

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Book Synopsis Justifying Investment in Advanced Manufacturing Technology by :

Download or read book Justifying Investment in Advanced Manufacturing Technology written by and published by . This book was released on 1987 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic and Financial Justification of Advanced Manufacturing Technologies

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Author :
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.

Investment Decisions in Advanced Manufacturing Technology

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Author :
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.

Economics of Advanced Manufacturing Systems

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Author :
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.

Investment Decisions in Advanced Manufacturing Technology

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Author :
Publisher :
ISBN 13 : 9781860430824
Total Pages : 30 pages
Book Rating : 4.4/5 (38 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 . This book was released on 1996 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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).

Exploring Advanced Manufacturing Technologies

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Publisher : Industrial Press Inc.
ISBN 13 : 9780831131500
Total Pages : 450 pages
Book Rating : 4.1/5 (315 download)

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Book Synopsis Exploring Advanced Manufacturing Technologies by : Stephen F. Krar

Download or read book Exploring Advanced Manufacturing Technologies written by Stephen F. Krar and published by Industrial Press Inc.. This book was released on 2003 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Features 45 of the latest manufacturing technologies.

Mechatronic Systems

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Publisher : BoD – Books on Demand
ISBN 13 : 9533070404
Total Pages : 366 pages
Book Rating : 4.5/5 (33 download)

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Book Synopsis Mechatronic Systems by : Annalisa Milella

Download or read book Mechatronic Systems written by Annalisa Milella and published by BoD – Books on Demand. This book was released on 2010-03-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mechatronics, the synergistic blend of mechanics, electronics, and computer science, has evolved over the past twenty five years, leading to a novel stage of engineering design. By integrating the best design practices with the most advanced technologies, mechatronics aims at realizing high-quality products, guaranteeing at the same time a substantial reduction of time and costs of manufacturing. Mechatronic systems are manifold and range from machine components, motion generators, and power producing machines to more complex devices, such as robotic systems and transportation vehicles. With its twenty chapters, which collect contributions from many researchers worldwide, this book provides an excellent survey of recent work in the field of mechatronics with applications in various fields, like robotics, medical and assistive technology, human-machine interaction, unmanned vehicles, manufacturing, and education. We would like to thank all the authors who have invested a great deal of time to write such interesting chapters, which we are sure will be valuable to the readers. Chapters 1 to 6 deal with applications of mechatronics for the development of robotic systems. Medical and assistive technologies and human-machine interaction systems are the topic of chapters 7 to 13.Chapters 14 and 15 concern mechatronic systems for autonomous vehicles. Chapters 16-19 deal with mechatronics in manufacturing contexts. Chapter 20 concludes the book, describing a method for the installation of mechatronics education in schools.

Organization and Management of Advanced Manufacturing

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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.

Innovation Renaissance

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Publisher : Routledge
ISBN 13 : 0429688628
Total Pages : 210 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Innovation Renaissance by : John E. Ettlie

Download or read book Innovation Renaissance written by John E. Ettlie and published by Routledge. This book was released on 2019-12-09 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is not easy. Understanding the liability of newness but the potential for greatness is the central theme of this work. Innovation Renaissance explores and debunks the myths that have arisen from the proliferation of misleading and often confusing popular press treatments of creativity and innovation. Examples include the notion that successful entrepreneurs are winners because they are innovative—whereas creativity and business start-up acumen are not the same, and are rarely paired—or the idea of disruptive technology, which has now become the buzzword equivalent to radical new technology products or services, despite the fact that new technologies tend to offer simple, limited-capability products or services to satisfy overlooked customer demand. The popularity of open innovation has spawned assumptions, like the idea that crowdsourcing will increase the number of truly new ideas—but in fact the more novel these ideas, the less likely they are to be adopted by incumbent firms because they are less familiar. Starting by defining innovation and the theories that have arisen surrounding it, Ettlie considers individual creativity and innovativeness, radical innovation, new products, new services, process innovation, and information technology. There is special emphasis on neglected topics such as the dark side of the innovation process—the unintended consequences of new ventures. Finally, the last chapter of the book summarizes a prescriptive model of the innovation process and attempts to answer the question: what causes innovation? Three major constructs are explored: leadership, enhancing capabilities and integration. This informative and unique text is designed as a resource for postgraduate students, academics, and professionals deeply committed to understanding and working through the innovation process. The book includes an introduction to the subject before moving on to an in-depth study of emerging evidence and topics in the field.

Computer Integrated Manufacturing - Proceedings Of The 3rd International Conference (In 2 Volumes)

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Author :
Publisher : World Scientific
ISBN 13 : 9814548790
Total Pages : 1596 pages
Book Rating : 4.8/5 (145 download)

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Book Synopsis Computer Integrated Manufacturing - Proceedings Of The 3rd International Conference (In 2 Volumes) by : Robert Gay

Download or read book Computer Integrated Manufacturing - Proceedings Of The 3rd International Conference (In 2 Volumes) written by Robert Gay and published by World Scientific. This book was released on 1995-07-10 with total page 1596 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Information Systems for Engineering and Infrastructure Asset Management

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Publisher : Springer Science & Business Media
ISBN 13 : 3834942340
Total Pages : 314 pages
Book Rating : 4.8/5 (349 download)

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Book Synopsis Information Systems for Engineering and Infrastructure Asset Management by : Abrar Haider

Download or read book Information Systems for Engineering and Infrastructure Asset Management written by Abrar Haider and published by Springer Science & Business Media. This book was released on 2012-11-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​Engineering and infrastructure assets maintain the lifeline of economies. It is, therefore, critical to manage these assets in such a way that they provide a consistent level of service throughout their lifecycle. Management of asset lifecycle, however, is information intensive and utilises a plethora of information systems. The role of theses systems in asset management is much more profound. It extends beyond the organizational boundaries and addresses business relationships with external stakeholders to deliver enhanced level of business outcomes. In doing so information systems are not only required to translate business strategic considerations into action, but are also expected to produce learnings and feedback that informs business strategy and aids in strategic reorientation.

HCTL Open International Journal of Technology Innovations and Research (IJTIR)

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Publisher : HCTL Open Publications Solutions, India
ISBN 13 : 1627761322
Total Pages : 143 pages
Book Rating : 4.6/5 (277 download)

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Book Synopsis HCTL Open International Journal of Technology Innovations and Research (IJTIR) by : Raj Gaurav Mishra

Download or read book HCTL Open International Journal of Technology Innovations and Research (IJTIR) written by Raj Gaurav Mishra and published by HCTL Open Publications Solutions, India. This book was released on 2013-07-31 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: HCTL Open International Journal of Technology Innovations and Research (IJTIR) [ISSN (Online): 2321-1814] is an International, Open-Access, Peer-Reviewed, Online journal devoted to various disciplines of Science and Technology. HCTL Open IJTIR is a bi-monthly journal published by HCTL Open Publications Solutions, India and Hybrid Computing Technology Labs, India. - Get more information at: http://ijtir.hctl.org/

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.

Economic Evaluation of Advance Technologies

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Author :
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.