Keywords

Manufacturing industries -- United States -- Simulation methods

Abstract

The current methods of economic justification are not suitable for identifying the benefits of automated manufacturing systems. This study is an introduction to Flexible Manufacturing Systems (FMS), its main features, and the economic benefits that can be expected. The models are designed to perform the following analyses: 1. Analysis of direct cost savings. 2. Analysis of the impact of incremental implementation on capital recovery costs. 3. Analysis of the cost effects of improving machine utilization and reducing manufacturing lead time. 4. Sensitivity analysis of the after-tax equivalent uniform annual cost of a FMS and a conventional system. The models are built to (1) utilize readily available data or output data from simulation studies, (2) provide reliable results, and (3) simplify reality to a small package of information that facilitates effective decision making. To explain the models and to analyze empirically the economic performance of an FMS, the models were fed with published, assumed, or generated data. The output of each analysis is summarized in tables, depicted in graphs, and specific conclusions are synthesized at the end of each model presentation.

Notes

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Graduation Date

Fall 1983

Advisor

Biegel, John E.

Degree

Master of Science (M.S.)

College

College of Engineering

Degree Program

Engineering

Format

PDF

Pages

72 p.

Language

English

Rights

Public Domain

Length of Campus-only Access

None

Access Status

Masters Thesis (Open Access)

Identifier

DP0014009

Included in

Engineering Commons

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