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A Software for Capital Investment Analysis in Manufacturing

✍ Scribed by Elin L. MacStravic; Thomas O. Boucher


Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
288 KB
Volume
23
Category
Article
ISSN
0360-8352

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Investment decisions for manufacturing systems are primarily based on three characteristics: cost of purchase and operation, cycle time in connection with maximum capacity and achievable work piece quality. However, such considerations neglect another important criterion: the flexibility that allows