Evaluation and justification of advanced manufacturing technologies

Advanced manufacturing technologies (AMT) have been identified as strategic weapons for competing in the highly competitive markets confronting manufacturers today. However adopting AMT requires heavy investments, and its pay back period is usually longer than that of traditional business ventures....

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Main Author: Lim, Kian Hin.
Other Authors: Gay, Robert Kheng Leng
Format: Thesis
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/19887
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author Lim, Kian Hin.
author2 Gay, Robert Kheng Leng
author_facet Gay, Robert Kheng Leng
Lim, Kian Hin.
author_sort Lim, Kian Hin.
collection NTU
description Advanced manufacturing technologies (AMT) have been identified as strategic weapons for competing in the highly competitive markets confronting manufacturers today. However adopting AMT requires heavy investments, and its pay back period is usually longer than that of traditional business ventures. It has been widely reported in research journals that manufacturers were hesitant about investing in AMT because of the difficulties in justifying the investments (Kaplan, 1984; Badiru, Foote and Chetupuzha, 1991). One of the main causes of such difficulties is attributed to the inadequacy of the conventional costing systems in reflecting the actual costs and benefits in modern manufacturing environments.
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spelling ntu-10356/198872023-03-11T17:35:50Z Evaluation and justification of advanced manufacturing technologies Lim, Kian Hin. Gay, Robert Kheng Leng School of Mechanical and Production Engineering DRNTU::Engineering::Manufacturing Advanced manufacturing technologies (AMT) have been identified as strategic weapons for competing in the highly competitive markets confronting manufacturers today. However adopting AMT requires heavy investments, and its pay back period is usually longer than that of traditional business ventures. It has been widely reported in research journals that manufacturers were hesitant about investing in AMT because of the difficulties in justifying the investments (Kaplan, 1984; Badiru, Foote and Chetupuzha, 1991). One of the main causes of such difficulties is attributed to the inadequacy of the conventional costing systems in reflecting the actual costs and benefits in modern manufacturing environments. Master of Science 2009-12-14T07:06:40Z 2009-12-14T07:06:40Z 1994 1994 Thesis http://hdl.handle.net/10356/19887 en NANYANG TECHNOLOGICAL UNIVERSITY 213 p. application/pdf
spellingShingle DRNTU::Engineering::Manufacturing
Lim, Kian Hin.
Evaluation and justification of advanced manufacturing technologies
title Evaluation and justification of advanced manufacturing technologies
title_full Evaluation and justification of advanced manufacturing technologies
title_fullStr Evaluation and justification of advanced manufacturing technologies
title_full_unstemmed Evaluation and justification of advanced manufacturing technologies
title_short Evaluation and justification of advanced manufacturing technologies
title_sort evaluation and justification of advanced manufacturing technologies
topic DRNTU::Engineering::Manufacturing
url http://hdl.handle.net/10356/19887
work_keys_str_mv AT limkianhin evaluationandjustificationofadvancedmanufacturingtechnologies