Article ID: | iaor1992887 |
Country: | Netherlands |
Volume: | 23 |
Issue: | 1/3 |
Start Page Number: | 187 |
End Page Number: | 196 |
Publication Date: | Oct 1991 |
Journal: | International Journal of Production Economics |
Authors: | Ramani S., Venkatraman R. |
Keywords: | numerical control |
Numerical control (NC) systems are widely used in industry today, especially in the metal working industry. In developing countries, many industries are introducing NC machines and the economics of the change assumed great significance. In some cases, even conventional machines (automatic mass production or transfer line machines) are good enough. Hence the decision of machining a component through an NC machine is in the hands of management. This warrants a direct and simple approach to decision making for selecting the more economical of the two machining methods. This paper attempts to arrive at a yardstick, termed the