ECONOMIC JUSTIFICATION METHODS FOR ADVANCED AUTOMATED MANUFACTURING SYSTEMS Conference Paper uri icon

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.

author list (cited authors)

  • SONI, R., PARSAEI, H. R., KHOSRAVIKAMRANI, A., & ENGINEERS, I.

publication date

  • December 1990