Title :
Uncertainty reduction through flexible manufacturing
Author :
Talaysum, Adil T. ; Hassan, M.Zia ; Goldhar, Joel D.
Author_Institution :
Center for Research on Industrial Strategy and Policy, School of Business, Illinois Institute of Technology, Chicago, IL 60616
fDate :
5/1/1987 12:00:00 AM
Abstract :
The crucial strength of the CIM/FMS is the capability to produce variety at lower cost. This article provides a justification for the move towards computerized flexibility in manufacturing based upon the premise of uncertainty reduction in sales through extensive product differentiation. The economic feasibility of this marketing strategy is shown by delineating the sources of economies and diseconomies of scope in CIM/FMS production.
Keywords :
Biological system modeling; Computer integrated manufacturing; Cost benefit analysis; Economics; Manufacturing processes; Production facilities; Uncertainty;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1987.6499031
