A methodology for economic justification of flexible manufacturing systems

Hamid Parsaei, Waldemar Karwowski, Mickey R. Wilhelm, Angela J. Walsh

Research output: Contribution to journalArticle

16 Citations (Scopus)

Abstract

This paper develops a model for the economic justification of flexible manufacturing systems. The proposed model considers the intangible and tangible benefits resulting from the implementation of advanced computer controlled manufacturing systems. The model's structure consists of a top down approach which identifies and measures the desirability of the firm's global (strategic) as well as local (tactical) objectives.

Original languageEnglish
Pages (from-to)117-122
Number of pages6
JournalComputers and Industrial Engineering
Volume15
Issue number1-4
DOIs
Publication statusPublished - 1988
Externally publishedYes

Fingerprint

Flexible manufacturing systems
Economics
Model structures

ASJC Scopus subject areas

  • Computer Science(all)
  • Engineering(all)

Cite this

A methodology for economic justification of flexible manufacturing systems. / Parsaei, Hamid; Karwowski, Waldemar; Wilhelm, Mickey R.; Walsh, Angela J.

In: Computers and Industrial Engineering, Vol. 15, No. 1-4, 1988, p. 117-122.

Research output: Contribution to journalArticle

Parsaei, Hamid ; Karwowski, Waldemar ; Wilhelm, Mickey R. ; Walsh, Angela J. / A methodology for economic justification of flexible manufacturing systems. In: Computers and Industrial Engineering. 1988 ; Vol. 15, No. 1-4. pp. 117-122.
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