| Article ID: | iaor19921293 |
| Country: | United Kingdom |
| Volume: | 29 |
| Issue: | 12 |
| Start Page Number: | 2483 |
| End Page Number: | 2499 |
| Publication Date: | Dec 1991 |
| Journal: | International Journal of Production Research |
| Authors: | Son Young K. |
| Keywords: | manufacturing industries |
Modern manufacturing economics is an interdisciplinary research subject which deals with the cycles of performance measurement, cost estimation, and decision analysis that are enmeshed with quantification of ill-structured benefits of advanced manufacturing technologies (AMT). This paper proposes a framework of modern manufacturing economics by examining recent research trends of AMT economics. It underscores integrated, quantitative, global, and strategic studies of AMT economics.