Document Type
Closed Project
Publication Date
Winter 1992
Instructor
Richard F. Deckro
Course Title
Advanced Engineering Economics
Course Number
EMGT 535
Abstract
Productivity, competition, and satisfaction of customer needs drive manufacturers to examine advanced manufacturing techniques such as Flexible Manufacturing Systems, Just-in-Time, CAD/CAM, etc. Technology is available for better production quality and a higher degree of flexibility. The question is to make the investment decision for being competitive based on an economic evaluation. Cost justification problems for AMT investment and related issues are explored in this paper. Literature on economic evaluation methods for advanced technology are summarized along with their applicability and practicality. As a last point, the engineering manager's role in such a decision is discussed
Rights
In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
Persistent Identifier
http://archives.pdx.edu/ds/psu/22630
Citation Details
Iyigun, Iffet, "Cost Justification of Advanced Manufacturing Systems" (1992). Engineering and Technology Management Student Projects. 770.
http://archives.pdx.edu/ds/psu/22630
Comments
This project is only available to students, staff, and faculty of Portland State University.