Justification techniques for advanced manufacturing technologies

A major problem in the adoption of advanced manufacturing systems for the automated factories of tomorrow is the prerequisite justification process. Many worthwhile.- ro, i ectsh ave been turned down because the aualitative benefits could not be included in the justification procedure while the direct cost savings were insufficient to mcct the financial hurdlessct by the firm This paper identifies and demonstrates the range of techniques that have been used byfir% to justify automation investments and describes the conditions under which it is most appropriate to employ them.