The quantitative analysis of manufacturing operations usually considers the amortization of physical assets, and allows for the cost of such assets in product prices. Typically, this involves the use of an asset's P/A ratio, where P is its initial cost and A is the net cash-flow or profit it generat
โฆ LIBER โฆ
Manufacturing flexibility and profitability
โ Scribed by Jan Olhager
- Book ID
- 103961735
- Publisher
- Elsevier Science
- Year
- 1993
- Tongue
- English
- Weight
- 1007 KB
- Volume
- 30-31
- Category
- Article
- ISSN
- 0925-5273
No coin nor oath required. For personal study only.
โฆ Synopsis
Flexibility is one of four basic dimensions of a manufacturing strategy, the others being quality. dependability and cost. Of these, flexibility is usually considered to be the last step towards manufacturmg excellence. In this paper, we discuss different types of flexibility, various means for achieving flexlbihty and the effect on profitability, distinguishing between the effect on sales revenue, cost and assets.
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