search query: @indexterm FEASIBILITY STUDIES / total: 26
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| Author: | Mital, A. George, L. J. |
| Title: | Economic feasibility of a product assembly line: A case study. |
| Journal: | Engineering Economist
1989 : FALL, VOL. 35:1, p. 25-38 |
| Index terms: | AUTOMATION FEASIBILITY STUDIES ECONOMIC ANALYSIS CASE STUDIES |
| Language: | eng |
| Abstract: | The role of automation in solving productivity problems is examined. Manufacturers often ignore the economic consequences of altered production factors. It is shown how economic analysis can help in selecting a product assembly method. Three alternative methods are considered: manual, hybrid, automatic. If certain factors change, such as the equipment reliability, the chosen alternative may result in higher unit production costs and, therefore, becomes undesirable. Thus, many factors which are ignored in a traditional economic analysis, must be known and considered in economic analyses of this kind if the outcome is to be factual. |
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