A New Approach Regarding Investment Decision in Manufacturing Systems
Journal Title: RECENT - Year 2014, Vol 15, Issue 42
Abstract
This paper aims to conduct a brief presentation, but based on examples, of two different methods of selecting the technological equipment and to provide a completion to the method of selection based on technology influenced costs. The completion reefers to the fact, that the input parameter is not a fixed level of production, but its variation interval. Based on this expansion, the method becomes more realistic, since it is able to respond to what happens when volume production oscillates. A last point is represented by several different assessments on different cost variation in different, but equal, intervals.
Authors and Affiliations
Traian BUDA, Emilia CALEFARIU, Cătălin GHEORGHE, Gavrilă CALEFARIU
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