Capital budgeting and flexible manufacturing

Álvarez, María José

Publication:
Capital budgeting and flexible manufacturing

dc.affiliation.dpto	UC3M. Departamento de Economía de la Empresa	es
dc.contributor.author	Álvarez, María José
dc.contributor.editor	Universidad Carlos III de Madrid. Departamento de Economía de la Empresa
dc.date.accessioned	2010-03-01T10:47:29Z
dc.date.available	2010-03-01T10:47:29Z
dc.date.issued	1993-07
dc.description.abstract	The lack of measurement and evaluation of flexible manufacturing possibilities seriously handicaps the appraisal and justification of investments in flexible technologies. It is the goal of this paper to formulate a comprehensive definition of manufacturing flexibility which can be explicitly translated into economic and financial variables. Further translation is based upon the financial instruments of cash budgeting and capital budgeting. The sensitivity of the economic and financial variables to shifts in manufacturing/operational flexibility will be discussed from a theoretical point of view. It is concluded that operative variables for flexible technologies can become indicators of economic and financial aspects.
dc.format.mimetype	application/pdf
dc.identifier.uri	https://hdl.handle.net/10016/7080
dc.language.iso	eng
dc.relation.ispartofseries	UC3M Working papers. Business Economics
dc.relation.ispartofseries	93-16-03
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Empresa
dc.subject.other	Manufacturing flexibility
dc.subject.other	Capital budgeting
dc.subject.other	Cash management
dc.subject.other	Advanced manufacturing technologies
dc.title	Capital budgeting and flexible manufacturing
dc.type	working paper	*
dspace.entity.type	Publication