Research on the Investment Decision-Making on the Application of Advanced Manufacturing Technologies in Enterprises

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Adopting advanced manufacturing technologies (AMTs) is believed to be the key to survival for many companies in the current highly volatile business environment. For adoption of AMT involves a very high level of investment, it is very important to make scientific decision to select AMT. Firstly, the literature of decision-making methods of selecting AMT is reviewed. Secondly, the analysis framework of investment decision-making on AMT is proposed, which includes strategic benefits analysis, economic benefits analysis and risk analysis. Finally, a methodology of evaluating and selecting AMT is put forward by using the concepts of fuzzy theory and hierarchical analysis.

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Edited by:

Yuhang Yang and Yan Ma

Pages:

60-64

DOI:

10.4028/www.scientific.net/AMR.323.60

Citation:

G. Li "Research on the Investment Decision-Making on the Application of Advanced Manufacturing Technologies in Enterprises", Advanced Materials Research, Vol. 323, pp. 60-64, 2011

Online since:

August 2011

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$35.00

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