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| | Multiobjective evaluation of advanced manufacturing system technology investments with risk.: An article from: IIE Transactions |  | Authors: Johann G. Demmel, Ronald G. Askin
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Category: Book
Buy New: $5.95
Format: Html
Media: Digital
Pages: 24
ASIN: B00096K0LY
Publication Date: March 1, 1996
Availability: Available for download now
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Product Description
This digital document is an article from IIE Transactions, published by Institute of Industrial Engineers, Inc. (IIE) on March 1, 1996. The length of the article is 6953 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the author: Advanced manufacturing system technologies are difficult to evaluate using ordinary financial measures owing to the presence of risk and significant intangible factors. In this paper a methodology is proposed that quantifies financial, strategic, and tactical attributes of each alternative. Attribute values are defined for each period of project life. Both project life and attributes are treated as random variables. Attributes are discounted to the current time and the multiple objectives are combined by composite programming. The distribution of the combined objective is estimated. The procedure is demonstrated on an actual case study.
Citation Details
Title: Multiobjective evaluation of advanced manufacturing system technology investments with risk.
Author: Johann G. Demmel
Publication: IIE Transactions (Refereed)
Date: March 1, 1996
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Volume: v28 Issue: n3 Page: p249(11)
Distributed by Thomson Gale
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