1st Edition

Investment Decisions in Advanced Manufacturing Technology A Fuzzy Set Theory Approach

    376 Pages
    by Routledge

    376 Pages
    by Routledge

    First published in 1998, this volume was designed to lead to an operational model of Advanced Manufacturing Technology (AMT) decision making which incorporated the mathematics of fuzzy set theory. The rapid advancement of robotics, automated technologies and software such as CAD and CAM have made such studies paramount. Here, analyses of a questionnaire survey and field study of major UK manufacturing companies together provide a simulating portrayal of AMT investment decision making and have been expanded upon with a model using fuzzy set theory.

    1. Introduction. 2. A Review of Previous Models for the Evaluation of Investment Decisions in AMT. 3. Empirical Research Design. 4. The Cross-Sectional Survey of UK Investment Decision Making. 5. The Field Study of AMT Investment Decisions in Some Large UK Companies. 6. Fuzzy Set Theory. 7. A Fuzzy Approach to the Evaluation of AMT Investment Projects. 8. Summary and Conclusions.

    Biography

    Magdy G. Abdel-Kader, David Dugdale, Peter Taylor