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Economic and Financial Justification of Advanced Manufacturing Technologies

Economic and Financial Justification of Advanced Manufacturing Technologies PDF Author: Hamid R. Parsaei
Publisher: Elsevier
ISBN: 1483291359
Category : Technology & Engineering
Languages : en
Pages : 320

Book Description
Competence in investment analysis is now a basic requirement for most practicing managers, engineers, and financial analysts in order to avoid possible serious mistakes arising from flawed or inadequate knowledge of the discipline. Furthermore, individuals who make decisions based on technical economics stake their professional futures, in many cases, on the accuracy of such evaluations. The aim of this volume is to provide a balanced view of the essential components of economic and financial analysis including: 1. Strategic and design issues; 2. Principles of cost management systems and activity-based costing, and; 3. Tools for developing the financial measures of investment worth, with advanced topics and case studies in these three areas.This volume provides a refreshing insight into the various methods that engineers, managers, and financial analysts may need to consider to find good alternatives for the investment of scarce resources. Not only are new ventures presented, but also improvements within existing facilities that include process modification, product design, equipment replacement, and plant expansion/contraction.

Economic and Financial Justification of Advanced Manufacturing Technologies

Economic and Financial Justification of Advanced Manufacturing Technologies PDF Author: Hamid R. Parsaei
Publisher: Elsevier
ISBN: 1483291359
Category : Technology & Engineering
Languages : en
Pages : 320

Book Description
Competence in investment analysis is now a basic requirement for most practicing managers, engineers, and financial analysts in order to avoid possible serious mistakes arising from flawed or inadequate knowledge of the discipline. Furthermore, individuals who make decisions based on technical economics stake their professional futures, in many cases, on the accuracy of such evaluations. The aim of this volume is to provide a balanced view of the essential components of economic and financial analysis including: 1. Strategic and design issues; 2. Principles of cost management systems and activity-based costing, and; 3. Tools for developing the financial measures of investment worth, with advanced topics and case studies in these three areas.This volume provides a refreshing insight into the various methods that engineers, managers, and financial analysts may need to consider to find good alternatives for the investment of scarce resources. Not only are new ventures presented, but also improvements within existing facilities that include process modification, product design, equipment replacement, and plant expansion/contraction.

Advanced Manufacturing

Advanced Manufacturing PDF Author: William B. Bonvillian
Publisher: MIT Press
ISBN: 0262037033
Category : Business & Economics
Languages : en
Pages : 417

Book Description
How to rethink innovation and revitalize America's declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process. The United States lost almost one-third of its manufacturing jobs between 2000 and 2010. As higher-paying manufacturing jobs are replaced by lower-paying service jobs, income inequality has been approaching third world levels. In particular, between 1990 and 2013, the median income of men without high school diplomas fell by an astonishing 20% between 1990 and 2013, and that of men with high school diplomas or some college fell by a painful 13%. Innovation has been left largely to software and IT startups, and increasingly U.S. firms operate on a system of “innovate here/produce there,” leaving the manufacturing sector behind. In this book, William Bonvillian and Peter Singer explore how to rethink innovation and revitalize America's declining manufacturing sector. They argue that advanced manufacturing, which employs such innovative technologies as 3-D printing, advanced material, photonics, and robotics in the production process, is the key. Bonvillian and Singer discuss transformative new production paradigms that could drive up efficiency and drive down costs, describe the new processes and business models that must accompany them, and explore alternative funding methods for startups that must manufacture. They examine the varied attitudes of mainstream economics toward manufacturing, the post-Great Recession policy focus on advanced manufacturing, and lessons from the new advanced manufacturing institutes. They consider the problem of “startup scaleup,” possible new models for training workers, and the role of manufacturing in addressing “secular stagnation” in innovation, growth, the middle classes, productivity rates, and related investment. As recent political turmoil shows, the stakes could not be higher.

The Design of Cost Management Systems

The Design of Cost Management Systems PDF Author: Robin Cooper
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 600

Book Description
During the past years, the limitations of traditional cost accounting systems in today's competitive environment have been widely documented. This text provides material that enables the reader to analyze the defects of existing, traditional systems and offers advice on designing systems.

Cost Management

Cost Management PDF Author: Leslie G. Eldenburg
Publisher: John Wiley & Sons
ISBN: 1119185696
Category : Cost accounting
Languages : en
Pages : 948

Book Description
Cost Management: Measuring, Monitoring, and Motivating Performance, Third Canadian Edition was written to help students learn to appropriately apply cost accounting methods in a variety of organizational settings. To achieve this goal, students must also develop professional competencies, such as strategic/critical thinking, risk analysis, decision making, ethical reasoning and communication. This is in line with the CPA curriculum and the content of this edition and the problem materials is mapped to the CPA. Many students fail to recognize the assumptions, limitations, behavioural implications, and qualitative factors that influence managerial decision making. The textbook is written in an engaging step-by-step style that is accessible to students. The authors are proactive about addressing the challenges that instructors and students face in their teaching and learning endeavors. They utilize features such as realistic examples, real ethical dilemmas, self-study problems and unique problem material structured to encourage students to think about accounting problems and problem-solving more complexly.

Journal of Cost Management for the Manufacturing Industry

Journal of Cost Management for the Manufacturing Industry PDF Author:
Publisher:
ISBN:
Category : Costs, Industrial
Languages : en
Pages : 238

Book Description


Cedac

Cedac PDF Author: Ryuji Fukuda
Publisher: Routledge
ISBN: 1351462083
Category : Business & Economics
Languages : en
Pages : 128

Book Description
When you're trying to improve quality and productivity, it's essential to target the right problems, get the right people involved in solving them, and make sure the solutions work. CEDAC will help you do all three. CEDAC, or Cause-and-Effect Diagram with the Addition of Cards, is a modification of the ""fishbone diagram,"" a standard QC tool. One of the most powerful, yet simple problem solving methods to come out of Japan (Fukuda won a Deming Prize for developing it), CEDAC actually encompasses a whole cluster of tools for continuous systematic improvement.They include: Window analysis for problem identification.The CEDAC diagram for problem analysis and development of standards.Nearly 50 illustrations and sample forms suitable for transparencies.Window development for ensuring adherence to standards.Here, in his own words, is Fukuda's how-to manual for the in-house support of improvement activities using CEDAC. Previously available only to his own clients, it provides step-by-step directions for setting up and using CEDAC. With a text that's concise, clear, and to the point. The manual is an ideal training aid.

Proceedings of the XV International Scientific Conference on Industrial Systems (IS'11)

Proceedings of the XV International Scientific Conference on Industrial Systems (IS'11) PDF Author:
Publisher: FON
ISBN: 8678923415
Category :
Languages : en
Pages : 602

Book Description


EMIS 2023

EMIS 2023 PDF Author: Luning Liu
Publisher: European Alliance for Innovation
ISBN: 1631904051
Category : Technology & Engineering
Languages : en
Pages : 939

Book Description
This volume contains the papers presented at the 2nd International Conference on Engineering Management and Information Science (EMIS 2023), held during December 24th-26th, 2023 (virtual event). With the theme of “bringing together global wisdom in scientific innovation to promote high-quality development”, the immediate purpose of this Conference was to gather experienced as well as young scientists who are interested in working actively on various aspects of engineering management and information science to drive development. The major topics covered in the Conference are: Project Management Information System, Logistics Information System, Intelligent Transportation Engineering, Passwords and Security Systems, Numerical Algorithms for Computers, Innovative Network Systems and Applications, Knowledge Acquisition and Management, etc... Here, scholars, experts, and researchers are welcomed to share their research progress and inspirations. It is a great opportunity to promote academic communication and collaboration worldwide.

A Cost Effective Use of Computer Aided Technologies and Integration Methods in Small and Medium Sized Companies

A Cost Effective Use of Computer Aided Technologies and Integration Methods in Small and Medium Sized Companies PDF Author: Peter Kopacek
Publisher: Elsevier
ISBN: 1483297632
Category : Technology & Engineering
Languages : en
Pages : 173

Book Description
The objective of this 1st Workshop was to bring together end-users, manufacturers and (computer) control specialists to evaluate possibilities in the important field of factory automation. This volume offers solutions for product, process design, production design and control. Technical criteria are also discussed and economic justification methods are evaluated. The papers included present intelligent, modular, "low cost" approaches or solutions appropriate for small and medium sized companies which might benefit from improved efficiency and competitiveness.

Management

Management PDF Author:
Publisher:
ISBN:
Category : Industrial engineering
Languages : en
Pages : 192

Book Description