Economics of Advanced Manufacturing Systems

  • Hamid R. Parsaei
  • Anil Mital

Table of contents

  1. Front Matter
    Pages i-xix
  2. Economic Justification Methods

  3. Models and Techniques

    1. Front Matter
      Pages 111-111
    2. M. Jeya Chandra, Catherine M. Harmonosky
      Pages 113-125
    3. Robert G. Batson, Jessica O. Matson
      Pages 163-176
  4. Costing and Investment Methods

    1. Front Matter
      Pages 177-177
    2. Julius P. Wong, Ibrahim N. Imam, Ali Khosravi-Kamrani, Hamid R. Parsaei, Fariborz Tayyari
      Pages 201-224
    3. Carl-Henric Nilsson, Håkan Nordahl, Ingvar Persson
      Pages 239-254
  5. Peripheral Issues

    1. Front Matter
      Pages 255-255
    2. Admad K. Elshennawy, William W. Start, Subrato Chandra
      Pages 273-293
    3. Suebsak Nanthavanij
      Pages 305-317
  6. Economic Analysis and Justification Resources

    1. Front Matter
      Pages 319-319
  7. Back Matter
    Pages 331-373

About this book


The 1980s have witnessed a tremendous growth in the field of computer­ integrated manufacturing systems. The other major areas of development have been computer-aided design, computer-aided manufacturing, industrial robotics, automated assembly, cellular and modular material handling, computer networking and office automation to name just a few. These new technologies are generally capital intensive and do not conform to traditional cost structures. The net result is a tremendous change in the way costs should be estimated and economic analyses performed. The majority of existing engineering economy texts still profess application of traditional analysis methods. But, as was men­ tioned above, it is clear that the basic trend in manufacturing industries is itself changing. So it is quite obvious that the practice of traditional economic analysis methods should change too. This book is an attempt to address the various issues associated with non-traditional methods for evaluation of advanced computer-integrated technologies. This volume consists of twenty refereed articles which are grouped into five parts. Part one, Economic Justification Methods, consists of six articles. In the first paper, Soni et at. present a new classification for economic justification methods for advanced automated manufacturing systems. In the second, Henghold and LeClair look at strengths and weaknesses of expert systems in general and more specifically, an ap­ plication aimed at investment justification in advanced technology. The third paper, by Carrasco and Lee, proposes an enhanced economic methodology to improve the needs analysis, conceptual design and de­ tailed design activities associated with technology modernization.


automation computer-integrated manufacturing (CIM) manufacturing production safety simulation

Editors and affiliations

  • Hamid R. Parsaei
    • 1
  • Anil Mital
    • 2
  1. 1.Center for Computer-Aided EngineeringUniversity of LouisvilleUSA
  2. 2.Ergonomics and Engineering Controls Research LaboratoryUniversity of CincinnatiUSA

Bibliographic information

  • DOI
  • Copyright Information Hamid R. Parsaei and Anil Mital 1992
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-6542-6
  • Online ISBN 978-1-4615-3480-8
  • Buy this book on publisher's site