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FINANCIAL JUSTIFICATION OF ROBOTICS IN MULTI-MACHINE SYSTEMS.

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Financial justification issues for robotic multi-machine systems are addressed. Compared to stand-alone robots, where effects are mostly substitutional, cellular manufacturing contexts using robots require different procedures for justification. An assessment of conventional capital budgeting procedures (in the light of the characteristics of integrated systems) is undertaken. Costs, benefits, quantification, and special methods for justification are discussed.

Original languageEnglish
Title of host publicationUnknown Host Publication Title
PublisherRobotics Int of SME
Pages17. 1-17. 15
ISBN (Print)0872631893
StatePublished - 1985

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