Economic justification methods for advanced automated manufacturing systems

Ramesh Soni, Hamid Parsaei, Ali Khosravi-Kamrani

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Citations (Scopus)

Abstract

This paper classifies economic justification methodologies developed for automated manufacturing systems in three categories, elucidating the data requirements for each category. The three categories are: 1) Single-objective deterministic approaches, 2) Multi-objective deterministic approaches, and 3) Probabilistic/Stochastic approaches. Various methods belonging to these categories are briefly discussed in the paper.

Original languageEnglish
Title of host publicationProc 1990 Int Ind Eng
Editors Anon
PublisherPubl by IIE
Pages146-151
Number of pages6
ISBN (Print)0898061121
Publication statusPublished - 1990
Externally publishedYes
EventProceedings of the 1990 International Industrial Engineering Conference - San Francisco, CA, USA
Duration: 20 May 199023 May 1990

Other

OtherProceedings of the 1990 International Industrial Engineering Conference
CitySan Francisco, CA, USA
Period20/5/9023/5/90

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ASJC Scopus subject areas

  • Industrial and Manufacturing Engineering

Cite this

Soni, R., Parsaei, H., & Khosravi-Kamrani, A. (1990). Economic justification methods for advanced automated manufacturing systems. In Anon (Ed.), Proc 1990 Int Ind Eng (pp. 146-151). Publ by IIE.