Agile manufacturing systems in the automotive industry [An article from: International Journal of Production Economics]

This digital document is a journal article from International Journal of Production Economics, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
In the automotive industry, it is thought that agile manufacturing systems will permit fast cost-effective responses to unpredictable and ever-changing product demand, and support rapid product launches for previously unplanned products tailored to meet changing customer desires. We discuss two simple decision models that provide initial insights and industry perspective into the business case for investment in agile manufacturing systems. The models are applied to study the hypothetical decision of whether to invest in a dedicated, agile, or flexible manufacturing system for engine and transmission parts machining. These decision models are a first step toward developing practical business case tools that help industry to assess the value of agile manufacturing systems.