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Evaluating flexible manufacturing systems

dc.contributor.authorMiltenburg, G. Johnen_US
dc.contributor.authorKrinsky, Itzhaken_US
dc.contributor.authorMcMaster University, Faculty of Businessen_US
dc.date.accessioned2014-06-17T20:41:48Z
dc.date.available2014-06-17T20:41:48Z
dc.date.created2013-12-23en_US
dc.date.issued1985-01en_US
dc.description<p>40 p. ; Bibliography: p. 34-35. ;</p>en_US
dc.description.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>en_US
dc.identifier.otherdsb/107en_US
dc.identifier.other1106en_US
dc.identifier.other4944130en_US
dc.identifier.urihttp://hdl.handle.net/11375/5444
dc.relation.ispartofseriesResearch and working paper series (McMaster University, Faculty of Business)en_US
dc.relation.ispartofseriesno. 234en_US
dc.subjectBusinessen_US
dc.subjectBusinessen_US
dc.subject.lccFlexible manufacturing systems > Evaluationen_US
dc.titleEvaluating flexible manufacturing systemsen_US
dc.typearticleen_US

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