Investment Decisions In Advanced Manufacturing Technology
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Investment Decisions in Advanced Manufacturing Technology by Magdy G. Abdel-Kader,David Dugdale,Peter Taylor Pdf
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.
Economic and Financial Justification of Advanced Manufacturing Technologies by Hamid R. Parsaei,W.G. Sullivan,T.R. Hanley Pdf
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.
Selection and Evaluation of Advanced Manufacturing Technologies by Matthew J. Liberatore Pdf
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).
Strategic Investment Planning with Technology Choice in Manufacturing Systems by Shan Ling Li Pdf
Originally published in 1994 this book examines problems related to investment planning, capacity additions, and choice of technology in dynamic manufacturing systems characterized by multiple products, dynamic demand growth, uncertainty in demand and availability of alternative technologies. A model-based methodology is developed that focuses on trade-offs between flexible and conventional technology. The research conducted for this book is directed to the development of tools to support investment decisions in production capacity over medium and long-term planning horizons.
Strategic Decision Making in Modern Manufacturing by Harinder Singh Jagdev,Attracta Brennan,J. Browne Pdf
Strategic Decision Making in Modern Manufacturing introduces and explains the AMBIT (Advanced Manufacturing Business ImplemenTation) approach, which has been developed to bridge the gap between strategic management considerations and the operational effects of technology investment decisions on the manufacturing organisation, so that the likely impact of new manufacturing technology and/or programme implementations can be evaluated, anticipated and accurately predicted. The AMBIT approach focuses specifically on the non-financial aspects of such investment decisions and offers an approach that allows a manager, or more frequently a management team, to understand the impacts of a new technology or a new programme on the manufacturing organisation in terms of manufacturing performance.
Management of Advanced Manufacturing Technology by Donald Gerwin,Harvey Kolodny Pdf
Management of Research and Development Organizations Managing the Unmanageable R. K. Jain and H. C. Triandis Written by the manager of a large research and development organization and a leading behavioral scientist, this book explores some of the essential topics in R&D management while providing hands-on guidance for putting specific techniques to work. 1990 (0 471-50791-1) 268 pp. Managing Technology in the Decentralized Firm Albert H. Rubenstein Technology has traditionally advanced faster than our ability to manage it. Here is a book designed to assist the professional in furthering the corporate technology program through its effective management. Based on studies of over 200 decentralized firms spanning a period of thirty years, Managing Technology in the Decentralized Firm addresses crucial aspects of the research and development and innovation processes, and suggests how to make them pay off. 1989 (0 471-61024-0) 476 pp. Statistical Quality Control for Manufacturing Managers William S. Messina In today’s competitive environment, the responsibility of the manufacturing manager has expanded to include ownership of the quality of the products coming off the line. The author uses real-life business situations to demonstrate how a manager can incorporate statistical quality control (SQC) into virtually any manufacturing line. He also offers practical advice on techniques managers can use to improve quality, increase productivity, and enhance the competitive position of the line. 1987 (0 471-85774-2) 331 pp. Management of Technological Change Yassin Sankar Technology produces changes within the organization that must be considered for effective implementation of innovations. This book focuses on the dynamics of technological change, especially the human aspects. The author examines the impact of technological change on job design, work flow, job stress, the elements of corporate culture, the organizational system, the information technology of the organization, the leadership style and strategic premises, the organizational design, and the value systems of managers and the organization. 1991 (0 471-63147-7) 374 pp.
Advanced Manufacturing Technology in China: A Roadmap to 2050 by Tianran Wang,Yi Zhang,Haibin Yu,Fei-Yue Wang Pdf
As one of the eighteen field-specific reports comprising the comprehensive scope of the strategic general report of the Chinese Academy of Sciences, this sub-report addresses long-range planning for developing science and technology in the field of advanced manufacturing technology. They each craft a roadmap for their sphere of development to 2050. In their entirety, the general and sub-group reports analyze the evolution and laws governing the development of science and technology, describe the decisive impact of science and technology on the modernization process, predict that the world is on the eve of an impending S&T revolution, and call for China to be fully prepared for this new round of S&T advancement. Based on the detailed study of the demands on S&T innovation in China’s modernization, the reports draw a framework for eight basic and strategic systems of socio-economic development with the support of science and technology, work out China’s S&T roadmaps for the relevant eight basic and strategic systems in line with China’s reality, further detail S&T initiatives of strategic importance to China’s modernization, and provide S&T decision-makers with comprehensive consultations for the development of S&T innovation consistent with China’s reality. Supported by illustrations and tables of data, the reports provide researchers, government officials and entrepreneurs with guidance concerning research directions, the planning process, and investment. Founded in 1949, the Chinese Academy of Sciences is the nation’s highest academic institution in natural sciences. Its major responsibilities are to conduct research in basic and technological sciences, to undertake nationwide integrated surveys on natural resources and ecological environment, to provide the country with scientific data and consultations for government’s decision-making, to undertake government-assigned projects with regard to key S&T problems in the process of socio-economic development, to initiate personnel training, and to promote China’s high-tech enterprises through its active engagement in these areas.
The Competitive Enterprise by Deloitte & Touche,Canada. Industry, Science and Technology Canada Pdf
This guide is about competitiveness in manufacturing and processing. It focuses on Advance Manufacturing and processing Technology (AMT), a means by which Canadian manufacturers and processors can improve their performance. It will help senior management in small and medium-sized enterprises make informed decisions about investing in AMT for their business.
Economics of Advanced Manufacturing Systems by Hamid R. Parsaei,A. Mital Pdf
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.
Advanced Manufacturing Systems by Joseph Sarkis,Hamid R. Parsaei Pdf
Serving as a reference and guide to both practitioners and researchers involved in the planning, control, and management of advanced manufacturing systems, Advanced Manufacturing Systems: Strategic Management and Implementation offers information on a wide range of available methodologies and tools. The contents are organized into four parts: Global Strategic Issues; Evaluation, Selection, and Adoption of the Systems; Implementation Issues; and Control and Support. Theoretical and practical, analytical and empirical, this is a valuable resource for those interested in researching or implementing these systems into their organizations.
Human Resource Practices for Implementing Advanced Manufacturing Technology by Anonim Pdf
Based on a study of 16 sites that have recently implemented advanced manufacturing technology, concludes that while the technology itself will become widespread, the human resources practices used for its implementation will not be easily transferred. Manufacturers will need to spend more time and effort to develop the needed organisational and industrial relations capabilities.
Technologies for Supporting Reasoning Communities and Collaborative Decision Making: Cooperative Approaches by Yearwood, John,Stranieri, Andrew Pdf
The information age has enabled unprecedented levels of data to be collected and stored. At the same time, society and organizations have become increasingly complex. Consequently, decisions in many facets have become increasingly complex but have the potential to be better informed. Technologies for Supporting Reasoning Communities and Collaborative Decision Making: Cooperative Approaches includes chapters from diverse fields of enquiry including decision science, political science, argumentation, knowledge management, cognitive psychology and business intelligence. Each chapter illustrates a perspective on group reasoning that ultimately aims to lead to a greater understanding of reasoning communities and inform technological developments.
Corporate Finance and Investment by Richard Pike,Bill Neale,Philip Linsley,Saeed Akbar Pdf
Taking an international perspective to corporate finance, the latest edition of Corporate Finance and Investment is a highly-regarded and established text for students who want to understand the principles of corporate finance and develop the key tools to apply it. The ninth edition has been revised to include topical issues in valuation, working capital, capital structure, the dividend decision, Islamic finance, risk and risk management, and behavioural finance. With its focus on strategic issues of finance in a business setting, this text uses the latest financial and accounting data, articles and research papers to effectively demonstrate how, and to what extent, the theory can be applied to practical issues in corporate finance.
