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Article: Investment appraisal techniques for advanced manufacturing technology (AMT): A literature review

TitleInvestment appraisal techniques for advanced manufacturing technology (AMT): A literature review
Authors
KeywordsAdvanced manufacturing technologies
Investment analysis
Justification
Strategic planning
Issue Date2001
PublisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/jmtm/jmtm.jsp
Citation
Integrated Manufacturing Systems, 2001, v. 12 n. 1, p. 35-47 How to Cite?
AbstractThis paper presents an overview and guidance for manufacturing companies which are preparing to invest in advanced manufacturing technology (AMT). The purpose of this paper is to explain the reasons why the company may encounter problems while adopting AMT, and to look at the many suggestions offered by the relevant literature for improving the performance of evaluation in AMT investment. According to the four major steps in adopting AMT (i.e. strategic planning, justification, training and installation, and routinization and implementation), the research work here aims to assist managers or investors to recognize problems at each step, thus offering appropriate ways to avoid and/or solve those problems. It is believed that improved justification methods will encourage more firms to invest in AMT and to realize the benefits these investments can offer.
Persistent Identifierhttp://hdl.handle.net/10722/74464
ISSN
References

 

DC FieldValueLanguage
dc.contributor.authorChan, FTSen_HK
dc.contributor.authorChan, MHen_HK
dc.contributor.authorLau, Hen_HK
dc.contributor.authorIp, RWLen_HK
dc.date.accessioned2010-09-06T07:01:35Z-
dc.date.available2010-09-06T07:01:35Z-
dc.date.issued2001en_HK
dc.identifier.citationIntegrated Manufacturing Systems, 2001, v. 12 n. 1, p. 35-47en_HK
dc.identifier.issn0957-6061en_HK
dc.identifier.urihttp://hdl.handle.net/10722/74464-
dc.description.abstractThis paper presents an overview and guidance for manufacturing companies which are preparing to invest in advanced manufacturing technology (AMT). The purpose of this paper is to explain the reasons why the company may encounter problems while adopting AMT, and to look at the many suggestions offered by the relevant literature for improving the performance of evaluation in AMT investment. According to the four major steps in adopting AMT (i.e. strategic planning, justification, training and installation, and routinization and implementation), the research work here aims to assist managers or investors to recognize problems at each step, thus offering appropriate ways to avoid and/or solve those problems. It is believed that improved justification methods will encourage more firms to invest in AMT and to realize the benefits these investments can offer.en_HK
dc.languageengen_HK
dc.publisherEmerald Group Publishing Limited. The Journal's web site is located at http://www.emeraldinsight.com/info/journals/jmtm/jmtm.jspen_HK
dc.relation.ispartofIntegrated Manufacturing Systemsen_HK
dc.subjectAdvanced manufacturing technologiesen_HK
dc.subjectInvestment analysisen_HK
dc.subjectJustificationen_HK
dc.subjectStrategic planningen_HK
dc.titleInvestment appraisal techniques for advanced manufacturing technology (AMT): A literature reviewen_HK
dc.typeArticleen_HK
dc.identifier.emailChan, FTS: ftschan@hkucc.hku.hken_HK
dc.identifier.authorityChan, FTS=rp00090en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1108/09576060110361528en_HK
dc.identifier.scopuseid_2-s2.0-0034893657en_HK
dc.identifier.hkuros63052en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0034893657&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume12en_HK
dc.identifier.issue1en_HK
dc.identifier.spage35en_HK
dc.identifier.epage47en_HK
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridChan, FTS=7202586517en_HK
dc.identifier.scopusauthoridChan, MH=36941296800en_HK
dc.identifier.scopusauthoridLau, H=7201497785en_HK
dc.identifier.scopusauthoridIp, RWL=6701655036en_HK

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