Please use this identifier to cite or link to this item:
http://hdl.handle.net/11375/5444| Title: | Evaluating flexible manufacturing systems |
| Authors: | Miltenburg, G. John Krinsky, Itzhak McMaster University, Faculty of Business |
| Keywords: | Business;Business |
| Publication Date: | Jan-1985 |
| Series/Report no.: | Research and working paper series (McMaster University, Faculty of Business) no. 234 |
| Abstract: | <p>Many firms are considering Flexible Manufacturing Systems as a means for increasing productivity, quality and profitability . In t his paper a methodology for properly comparing and evaluating FMS' s is presented. The appropriate financial criteria are presented. Mathematical m ode ls of different FMS's are presented. The important stochastic variables are determined. The principles of stochastic dominance, risk preference and the value of information; and a decision analysis cy cle are used to evaluate the FMS's.</p> |
| Description: | <p>40 p. ; Bibliography: p. 34-35. ;</p> |
| URI: | http://hdl.handle.net/11375/5444 |
| Identifier: | dsb/107 1106 4944130 |
| Appears in Collections: | DeGroote School of Business Working Paper Series |
Files in This Item:
| File | Size | Format | |
|---|---|---|---|
| fulltext.pdf | 1.39 MB | Adobe PDF | View/Open |
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