Economics of Advanced Manufacturing Systems - Hardcover

Hardcover

ISBN 10: 0412433508 ISBN 13: 9780412433504

Publisher: Springer, 1992

Synopsis

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.

About this title

Review

`This book provides a useful overview of the area and...will be well received by academic researchers and teachers. ...the authors seek to address the issues associated with non-traditional methods of the evaluation of advanced CAD/CAM and CIM technologies...this book provides a useful overview of the area...'
International Journal of Production Research

Synopsis

The 1980s have witnessed a growth in the field of computer integrated manufacturing systems, as well as computer aided design, computer aided manufacturing, industrial robotics, automated assembly, cellular and modular material handling, computer networking and office automation. These new technologies are generally capital intensive and do not conform to traditional cost structures. The net result is a change in the way costs should be estimated and economic analyses performed. This collection of papers is an attempt to address the various issues associated with non-traditional methods for evaluation of advanced computer integrated technologies. Its coverage includes economic justification methods, models and techniques, costing and investment methods, economic analysis and justification resources and peripheral issues.

Edition details

• Publisher: Springer
• Publication date: 1992
• Language: English
• ISBN 10: 0412433508
• ISBN 13: 9780412433504
• Binding: Hardcover
• Number of pages: 392
• Editor: Parsaei Hamid R., Mital A.