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Economic efficiency analysis of complex CAD/CAM systems demonstrated by an integrated design/SFM system

Authors :
Raoul G. Wild
Source :
Computers in Industry. 28:47-56
Publication Year :
1995
Publisher :
Elsevier BV, 1995.

Abstract

An investment in a CIM technology, such as the introduction of an integrated design/SFM solution, requires a careful analysis of the advantages and disadvantages associated with the investment. Existing economic efficiency analysis approaches comprise not all angles of looking at the corporate data. The new approach presented in this article is characterized by the following points: strategic benefits are covered by a strategic outline concept, effects that can be quantified in monetary terms are not mixed up with those that cannot be monetarily represented, corporate data is broken down into individual levels of analysis and monetary quantities are taken into account in accordance with their time of occurrence. The whole approach is demonstrated using actual data of the SFM and jewellery industry.

Details

ISSN :
01663615
Volume :
28
Database :
OpenAIRE
Journal :
Computers in Industry
Accession number :
edsair.doi...........1be666161e7911a6297216024b1d7eb6
Full Text :
https://doi.org/10.1016/0166-3615(95)00039-x