1st Edition

Strategic Investment Planning with Technology Choice in Manufacturing Systems

ISBN 9781138324862
Published June 14, 2020 by Routledge
172 Pages

USD $38.95

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Book Description

Originally published in 1994 this book examines problems related to investment planning, capacity additions, and choice of technology in dynamic manufacturing systems characterized by multiple products, dynamic demand growth, uncertainty in demand and availability of alternative technologies. A model-based methodology is developed that focuses on trade-offs between flexible and conventional technology. The research conducted for this book is directed to the development of tools to support investment decisions in production capacity over medium and long-term planning horizons.

Table of Contents

1. Introduction 2. An Overview: Technology Selection and Capacity Planning for Manufacturing Systems 3. Technology Choice and Capacity Expansion with Two Product Families: Tradeoffs Between Scale and Scope 4. Dynamic Capacity Expansion Problem with Multiple Products: Technology Selection and Timing with Capacity Additions 5. Technology Choice with Stochastic Demands and Dynamic Capacity Allocation: A Two Product Analysis 5. Conclusion

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