Abstract
The justification for investment in advanced manufacturing technology is a complex subject. This book shows that very many factors need to be taken into account, and that a number of techniques exist for evaluation and financial analysis. However, no one technique is measurably superior to all others, and it is accordingly recommended that any one project is analysed in several ways when comparison between projects (or between a project and maintaining the existing system) is being made.
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© 1987 Springer Science+Business Media New York
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The Chartered Institute of Management Accountants the Institution of Production Engineers. (1987). The Way Forward. In: Justifying Investment in Advanced Manufacturing Technology. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-5626-5_7
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DOI: https://doi.org/10.1007/978-1-4757-5626-5_7
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-85091-464-8
Online ISBN: 978-1-4757-5626-5
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