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Performance measurement for investment decisions under capital constraints

✍ Scribed by Alwine Mohnen; Moshe Bareket

Publisher
Springer US
Year
2007
Tongue
English
Weight
272 KB
Volume
12
Category
Article
ISSN
1380-6653

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πŸ“œ SIMILAR VOLUMES

Measuring Flexibility in Investment Deci
Measuring Flexibility in Investment Decisions for Manufacturing Systems
✍ E. Abele; T. Liebeck; A. WΓΆrn πŸ“‚ Article πŸ“… 2006 πŸ› International Academy for Production Engineering 🌐 English βš– 195 KB

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