A Multi-Attribute Product Life-Cycle Approach to Replacement Decisions: An Application of Saaty's System-With-Feedback Method

Autor:	Tashfeen M. Azhar, Lawrence C. Leung
Rok vydání:	1993
Předmět:	S system Economics and Econometrics Manufacturing technology business.industry Computer science General Engineering Investment (macroeconomics) Manufacturing engineering Education Product lifecycle Manufacturing Operations management Product (category theory) business
Zdroj:	The Engineering Economist. 38:321-344
ISSN:	1547-2701 0013-791X
DOI:	10.1080/00137919308903107
Popis:	The lack of investment in new manufacturing technology compromises the long-range competitiveness of a manufacturing company. The choice of appropriate manufacturing equipment is an extremely important management decision. This paper presents a multi-attribute approach to equipment replacement decisions based on the product life-cycle. The problem is formulated using the System-With-Feedback (SWF) model developed by Saaty [10]. Saaty's model is particularly suitable tor the modeling of time-dynamic and tnieraciive elements of such replacement situations.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::3d5bccf3ead8e97403d2bbed66ce4710 https://doi.org/10.1080/00137919308903107 Zobrazit plný text záznamu