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Strategic Investment Planning with Technology Choice in Manufacturing Systems

Strategic Investment Planning with Technology Choice in Manufacturing Systems

Paperback

Series: Studies on Industrial Productivity: Selected Works

Economics

ISBN10: 1138324868
ISBN13: 9781138324862
Publisher: Routledge
Published: Jul 1 2020
Pages: 172
Weight: 0.55
Height: 0.50 Width: 6.00 Depth: 9.20
Language: English

Originally published in 1994 this book examines problems related to investment planning, capacity additions, and choice of technology in dynamic manufacturing systems characterized by multiple products, dynamic demand growth, uncertainty in demand and availability of alternative technologies. A model-based methodology is developed that focuses on trade-offs between flexible and conventional technology. The research conducted for this book is directed to the development of tools to support investment decisions in production capacity over medium and long-term planning horizons.

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