Economic justification of advanced manufacturing technology

被引:0
作者
Hynek, Josef [1 ]
Janecek, Vaclav [1 ]
机构
[1] Univ Hradec Kralove, Fac Informat & Management, Hradec Kralove 50003, Czech Republic
来源
PROCEEDINGS OF THE 2ND WSEAS INTERNATIONAL CONFERENCE ON MANAGEMENT, MARKETING AND FINANCES: RECENT ADVANCES ON DEVELOPMENT AND FINANCIAL ENGINEERING | 2008年
关键词
project justification; financial appraisal; advanced manufacturing technology; survey results;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper presents an overview of economic Justification of advanced manufacturing technology (AMT) projects. The economic justification approach is first of all put into context of other commonly used justification approaches and their advantages as well as disadvantages have been summarized there. Thereafter the focus is solely on financial and accounting methods utilized by managers in order to decide about the economic feasibility of AMT projects. The respective results of two surveys carried out in the Czech Republic have been compared with outcomes of two analogical surveys that were realized earlier in the UK an the USA. Major differences found in the various financial methods utilization, their perceived importance within the relevant decision making processes as well as the likely consequences of some anomalies have been discussed there as well.
引用
收藏
页码:103 / 108
页数:6
相关论文
共 18 条
[1]  
BUCHER PG, 2000, INTEGRATED MANUFACTU, P340
[2]  
CHAN FTS, 2001, INTEGRATED MANUFACTU, P35
[3]  
DORNAN SB, 1987, PRODUCTION FEB, P30
[4]  
HAJEK L, 2001, PRAGUE ECON PAP, V10, P174
[5]  
HAJEK L, 2005, HODNOCENINVESTIC VYS
[6]  
Hynek J., 2007, WSEAS Transactions on Systems, V6, P787
[7]  
Hynek J., 2006, 2006 IEEE INT C MECH, P61, DOI [10.1109/ICMECH.2006.252497, DOI 10.1109/ICMECH.2006.252497]
[8]  
HYNEK J, 1999, P 1999 IEEE INT C IN, P229
[9]  
Hynek J, 2007, 2007 IEEE INTERNATIONAL CONFERENCE ON MECHATRONICS, P277
[10]   Manufacturing investments in the Czech Republic:: An international comparison [J].
Lefley, F ;
Wharton, F ;
Hájek, L ;
Hynek, J ;
Janecek, V .
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2004, 88 (01) :1-14