RT Journal Article
T1 Capital Budgeting and Flexible Manufacturing
A1 Álvarez, María José
AB 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 for 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.
PB Elsevier
SN 0925-5273
YR 1994
FD 1994
LK https://hdl.handle.net/10016/4888
UL https://hdl.handle.net/10016/4888
LA eng
DS e-Archivo
RD 19 may. 2024