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Economics of Advanced Manufacturing Systems (Paperback, Softcover reprint of the original 1st ed. 1992)
Loot Price: R4,258
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Economics of Advanced Manufacturing Systems (Paperback, Softcover reprint of the original 1st ed. 1992)
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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.
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