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- W2548008586 abstract "1. Justifying approaches of the evaluation of FPS (flexible production systems) efficiency The companies that want to introduce new technologies and flexible systems in the production process face important issues in the process of economic justification for introducing these systems. The issues they confront with are triggered by the lack of a finance and accounting quantification system of all the advantages of the flexible systems’ implementation The difficulties are determined by the fact that: The advantages of introducing the flexible systems are quantitative ones, which can be easily evaluated, but also there are some qualitative ones, strategic, whose economic evaluation and measuring is a very difficult one; The correct estimation of the functioning time of the flexible systems represents a critical point; The decisional risks are related to the precision of the calculated results estimation. The economic turbulence rise was in fact a source of the crisis of the traditional techniques applied in the finance and accounting analysis of the FPS investments which become in fact incapable to take into consideration the “strategic” advantages of introducing these kinds of systems like: The production system flexibility level; The products’ quality; The minimization of the availability time of these products on the market. These aspects become variable, more and more important, in the context of an increase of competition between the rivals on the market. Even if they apply in general, to all kinds of investments, they become critical in the case of investments in the flexible systems." @default.
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- W2548008586 date "2009-01-01" @default.
- W2548008586 modified "2023-09-22" @default.
- W2548008586 title "CONTRIBUTIONS TO THE EVALUATION OF THE INTEGRATED PRODUCTION SYSTEMS EFFICIENCY" @default.
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