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Over the last years traditional accounting methods of investmentappraisal such as payback period and discounted cashflow analysishave been abundantly criticized for not being appropriate to evaluatestrategic investments, in advanced production technology. It has beenargued that strategic...
In a manufacturing system, time performances are measures of systemresponse speed to external influences. This speed depends on theresource allocation process materials, equipment, labour which isdriven by finishedproduct forecasts. Describes two essential steps, inorder to develop a model for...
Jobbing production tends to be a relatively neglected area inoperations planning and control partly because of the relativecomplexity of scheduling in lowvolumehighvariety systems, and partlybecause firms tend to be small and spend little on managementsoftwaresystems. Describes a package which...
Demonstrates the importance of planning systems and indicates whichplanning systems are suitable for which purpose. Focuses on batchproduction in short series and reports on results from three cases,where the planning function has been adapted to the existing productionorganization in the...
There are both Swedish and Japanesemodels for the organization of final assembly. Discusses the theoreticaland historical background to these models and the main practicaldifferences between them. Provides an empirical study based on actionresearch conducted in the final assembly area of a...
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