Strategic Investment Planning with Technology Choice in Manufacturing Systems

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Author_Shan Ling Li
Backward Shift
Capacity Additions
Capacity Planning Problem
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Category=KCF
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Category=KCM
Category=KCP
Changing Product Mixes
CIM
Concave Cost Functions
Cost Function
CP
Dedicated Technologies
Demand Patterns
dynamic demand growth
dynamic technology selection strategies
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Extreme Points
Finite Planning Horizon
Flexible Capacity
flexible manufacturing
Flexible Technologies
FMS
Heuristic Solution
Hierarchical Production Planning
Improvement Heuristics
industrial systems optimisation
investment model
investment planning
Making Technology Choices
manufacturing systems
operations research
Optimal Solution
Planning Horizon
Product Family
production capacity planning
Shan Ling Li
stochastic demand modelling
Stochastic Demands
Technological innovation
Technology Choice
technology choice and capacity
technology investment analysis
Test Problems
uncertainty in demand

Product details

  • ISBN 9781138324381
  • Weight: 480g
  • Dimensions: 156 x 234mm
  • Publication Date: 26 Jul 2018
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Originally published in 1994 this book examines problems related to investment planning, capacity additions, and choice of technology in dynamic manufacturing systems characterized by multiple products, dynamic demand growth, uncertainty in demand and availability of alternative technologies. A model-based methodology is developed that focuses on trade-offs between flexible and conventional technology. The research conducted for this book is directed to the development of tools to support investment decisions in production capacity over medium and long-term planning horizons.

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