Manufacturing and automation systems : techniques and by C. T. Leondes

By C. T. Leondes

This selection of papers, aimed toward electric and electronics engineers - specially these facing production and automatic platforms - covers contemporary advances within the box of recent regulate conception

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Extra resources for Manufacturing and automation systems : techniques and technologies

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This analytical approach can be used when an investment in automation gives a company a single opportunity of additional investment at the end of the planning, or a set of opportunities that can be considered as independent; in the latter case, Eq. (28) is used separately for each strategic option and the benefits are then added. Sometimes, however, an investment in automation leads to a set of opportunities of additional investments, that are strictly dependent; for instance if we consider two opportunities of introducing a new product, the cost of introducing the second product can be dependent on whether or not we have introduced the first.

E. the range of mix changes that can be faced without changing the structure of the system. Below, we will point out how each of these elementary flexibilities can be expressed by a numeric measure, and how its economic value can be appraised according to Eq. (9). Product flexibility Product flexibility represents the capacity to limit the cost for introducing 21 22 GIOVANNI AZZONE A N D UMBERTO BERTELÉ in a system a new product, requiring only resources already available. e. the cost of tools, fixtures and part programmes required by the new product.

2. The elementary flexibilities. According to this approach, we can determine six elementary flexibilities. e. the cost of changing the operating conditions of the system, while its structure stays unchanged. e. the cost of a modification of the system. e. the range of mix changes that can be faced without changing the structure of the system. Below, we will point out how each of these elementary flexibilities can be expressed by a numeric measure, and how its economic value can be appraised according to Eq.

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