1991
DOI: 10.1007/bf01325096
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Selecting technology for investment in flexible manufacturing

Abstract: Abstract. Flexible manufacturing (FM) has progressed to the stage where the concepts and the available technology are well established and proven. Investment in FM can be very profitable, but must be aimed at achieving clearly defined objectives. This article describes the scope of FM and shows that the required technical specification is determined by the nature of the potential benefits.The ability to quantify all the potential benefits of FM in financial terms means that investment should not be made withou… Show more

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Cited by 24 publications
(20 citation statements)
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“…As a general rule, replacing the common machine with a CNC results in a shorter production cycle duration for the system (this result is also reported in actual installations of flexible machines; see Primrose and Leonard 1991), which in turn caused smaller lot sizes. Thus, inventory peaks were reduced.…”
Section: Resultsmentioning
confidence: 50%
See 1 more Smart Citation
“…As a general rule, replacing the common machine with a CNC results in a shorter production cycle duration for the system (this result is also reported in actual installations of flexible machines; see Primrose and Leonard 1991), which in turn caused smaller lot sizes. Thus, inventory peaks were reduced.…”
Section: Resultsmentioning
confidence: 50%
“…This machining center is similar to what Primrose and Leonard (1991) refer to as flexible manufacturing modules. The system studied here is composed of multiple machine tools.…”
Section: System Description and Assumptionsmentioning
confidence: 95%
“…2 Implementation procedure for FMS Several authors have presented articles, which describe various steps necessary for the implementation of FMS technology (e.g., Fry and Smith 1989;Primrose and Leonard 1991;Groover 2003;Rezaie and Ostadi 2007). Fry and Smith (1989) have described a detailed procedure for the implementation of FMS in Department of Defence of U.S.…”
Section: Introductionmentioning
confidence: 99%
“…They have proposed the following eight distinct stages in the implementation of a flexible manufacturing system, i.e., (i) identify the manufacturing requirements of the parts to be produced, (ii) identify and evaluate the alternative technologies, (iii) choose the appropriate technology, (iv) send out requests for proposals, (v) evaluate and select the vendor, (vi) installation of FMS, (vii) system configuration, and (viii) shake down the system. Primrose and Leonard (1991) have suggested that the implementation procedure for flexible technology can be divided into three steps, i.e., (i) investment appraisal, (ii) technology selection and (iii) technical installation. Groover (2003) has also discussed FMS planning and implementation issue.…”
Section: Introductionmentioning
confidence: 99%
“…Generally, return on investment (ROI) method is applied in justification of machine tools [10,11,24]. Investments in machine tools are often accepted as stand-alone replacement projects, which do not improve the performance of a company enough to affect its strategic positioning against its competitors in the market [18,21].…”
Section: Introductionmentioning
confidence: 99%