Justifying Investment In Advanced Manufacturing Technology PDF Download
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Author | : J. Springer |
Publisher | : |
Total Pages | : 76 |
Release | : 2014-09-01 |
Genre | : |
ISBN | : 9781475756272 |
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Author | : The Chartered Institute of Management Accountants the Institution of Production Engineers |
Publisher | : Springer Science & Business Media |
Total Pages | : 68 |
Release | : 2013-11-21 |
Genre | : Science |
ISBN | : 1475756267 |
Download Justifying Investment in Advanced Manufacturing Technology Book in PDF, ePub and Kindle
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.
Author | : The Chartered Institute of Management Accountants the Institution of Production Engineers |
Publisher | : Springer |
Total Pages | : 67 |
Release | : 1987-06-30 |
Genre | : Science |
ISBN | : 9781850914648 |
Download Justifying Investment in Advanced Manufacturing Technology Book in PDF, ePub and Kindle
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.
Author | : |
Publisher | : |
Total Pages | : 67 |
Release | : 1987 |
Genre | : Computer integrated manufacturing systems |
ISBN | : 9780948036309 |
Download Justifying Investment in Advanced Manufacturing Technology Book in PDF, ePub and Kindle
Author | : Hamid R. Parsaei |
Publisher | : Elsevier |
Total Pages | : 320 |
Release | : 2013-10-22 |
Genre | : Technology & Engineering |
ISBN | : 1483291359 |
Download Economic and Financial Justification of Advanced Manufacturing Technologies Book in PDF, ePub and Kindle
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.
Author | : John J. Kanet |
Publisher | : |
Total Pages | : 76 |
Release | : 1989 |
Genre | : Manufactures |
ISBN | : |
Download Justifying Capital Investment in Advanced Manufacturing Technology: an Assessment of Current Paractice Book in PDF, ePub and Kindle
Author | : Magdy G. Abdel-Kader |
Publisher | : Routledge |
Total Pages | : 350 |
Release | : 2018-12-20 |
Genre | : Social Science |
ISBN | : 0429826826 |
Download Investment Decisions in Advanced Manufacturing Technology Book in PDF, ePub and Kindle
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.
Author | : Matthew J. Liberatore |
Publisher | : Springer Science & Business Media |
Total Pages | : 332 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642956211 |
Download Selection and Evaluation of Advanced Manufacturing Technologies Book in PDF, ePub and Kindle
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).
Author | : R. V. Ramasesh |
Publisher | : |
Total Pages | : 18 |
Release | : 1993 |
Genre | : |
ISBN | : |
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Author | : Magdy G. Abdel-Kader |
Publisher | : |
Total Pages | : 30 |
Release | : 1996 |
Genre | : High technology industries |
ISBN | : 9781860430824 |
Download Investment Decisions in Advanced Manufacturing Technology Book in PDF, ePub and Kindle