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| Author: | Kumar, V. Murphy, S. A. Loo, S. C. K. |
| Title: | An investment decision process: the case of advanced manufacturing technologies in Canadian manufacturing firms (fertigungstechnische Entwicklung, Investitionsentscheidung, Entscheidungsmodell) |
| Journal: | International Journal of Production Research
1996 : APR, VOL. 34:4, p. 947-958 |
| Index terms: | |
| Freeterms: | TECHNIK |
| Language: | eng |
| Abstract: | This article presents a model for analysing advanced manufacturing technology (AMT) investment decisions. An analysis of the decision processes of 22 manufacturing firms, who have adopted AMT, revealed consistent decision making patterns. The derived model consists of stimulus, solution identification, detailing evaluation and authorization stages. The model attempts to illustrate the entire investment decision process, and can be used as a tool for managers and researchers in assessing the thoroughness of AMT investment decisions. |
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