APPLICATION OF OUTRANKING METHODS TO ECONOMIC AND FINANCIAL JUSTIFICATION OF CIM SYSTEMS Academic Article uri icon

abstract

  • Traditional economic evaluation methods concentrate on maximizing or minimizing a single objective such as net present value and pay back period. In the last decade, there has been an increased awareness of the need to consider multiple attributes in the evaluation of advanced manufacturing systems. Various methods have recently been developed for the evaluation of CIM systems. This paper discusses multiattribute methods for justification of CIM systems and outranking methods including ELECTRE, ORESTE, and PROMETHEE. 1993.

published proceedings

  • COMPUTERS & INDUSTRIAL ENGINEERING

author list (cited authors)

  • PARSAEI, H. R., WILHELM, M. R., & KOLLI, S. S.

citation count

  • 16

complete list of authors

  • PARSAEI, HR||WILHELM, MR||KOLLI, SS

publication date

  • January 1993