It was earlier stated that the words Advanced Manufacturing Technology mean different things to different companies. Consequently, different companies embark on the installation of AMT (however they define it) for different reasons. Likewise, each company probably has different ways of ‘justifying’ the investment; we have found no single ‘preferred’ technique in general use. Many companies use several of the techniques described in this book. Others use none at all.
KeywordsCash Flow Lead Time Inventory Level Flexible Manufacture System Advance Manufacture Technology
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