Pricing investment and production activities for an advanced manufacturing system.: An article from: Engineering Economist

This digital document is an article from Engineering Economist, published by Institute of Industrial Engineers, Inc. (IIE) on June 22, 1997. The length of the article is 6906 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: In this paper, an activity-based costing (ABC) system is described and a multi-period linear programming model is developed for a general investment decision problem related to advanced manufacturing systems. We newly interpret an accounting value associated with each manufacturing activity and derive an economic implication of the dual model in this paper. The economic interpretation of the dual formulation of ABC systems is useful for many managerial decision areas such as justifying activity costs already assigned, identifying activity investment opportunities, measuring an activity performance and productivity. A case example of planning for a robotic cellular manufacturing system (CMS) is given.

Citation Details
Title: Pricing investment and production activities for an advanced manufacturing system.
Author: Gyutai Kim
Publication:Engineering Economist (Refereed)
Date: June 22, 1997
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Volume: v42 Issue: n4 Page: p303(22)

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