A framework for modern manufacturing economics

A framework for modern manufacturing economics

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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:
Keywords: manufacturing industries
Abstract:

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.

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