Measuring the impact of lifecycle costs, technological obsolescence, and flexibility in the selection of FMS design

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

Selecting an appropriate FMS requires consideration of many factors for successful implementation and operation. Primary factors are the system's flexibility, lifecycle cost, and competitive ability over time. This paper proposes a quantitative measure for comparing alternative FMS designs with respect to these three criteria. The model captures the effect of these three factors in a single measure.

Original languageEnglish (US)
Pages (from-to)37-47
Number of pages11
JournalJournal of Manufacturing Systems
Volume13
Issue number1
DOIs
StatePublished - 1994

All Science Journal Classification (ASJC) codes

  • Software
  • Control and Systems Engineering
  • Hardware and Architecture
  • Industrial and Manufacturing Engineering

Keywords

  • FMS Selection
  • Flexibility Measurement
  • Technological Obsolescence

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