Economic justification of flexible manufacturing systems using the leontief input-output model

M. Jeya Chandra, Susan O. Schall

Research output: Contribution to journalArticle

26 Citations (Scopus)

Abstract

The Leontief Input-output model and linear programming are used to determine performance measures of a flexible manufacturing system for the economic Justification of the system. The performance measures Include: the total number of units processed within a specified time interval at each machining center: the number of acceptable components produced within a given time interval: and the average number of transfers between machining centers for each component. The first two performance measures are used to estimate the productivity of the system and the costs associated with scrap. The third performance measure is used to estimate material handling time and costs. These performance measures are then used as inputs to the Analytic Hierarchy Process for the economic Justification of the flexible manufacturing system. An example of a Job shop system and two alternative flexible manufacturing systems is given to illustrate the methodology.

Original languageEnglish (US)
Pages (from-to)27-50
Number of pages24
JournalEngineering Economist
Volume34
Issue number1
DOIs
StatePublished - Jan 1 1988

Fingerprint

input-output model
Flexible manufacturing systems
Machining centers
manufacturing
Economics
economics
Analytic hierarchy process
performance
Materials handling
Linear programming
Costs
Productivity
costs
Performance measures
Input-output model
Justification
programming
productivity
methodology
time

All Science Journal Classification (ASJC) codes

  • Education
  • Economics and Econometrics
  • Engineering(all)

Cite this

Chandra, M. Jeya ; Schall, Susan O. / Economic justification of flexible manufacturing systems using the leontief input-output model. In: Engineering Economist. 1988 ; Vol. 34, No. 1. pp. 27-50.
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Economic justification of flexible manufacturing systems using the leontief input-output model. / Chandra, M. Jeya; Schall, Susan O.

In: Engineering Economist, Vol. 34, No. 1, 01.01.1988, p. 27-50.

Research output: Contribution to journalArticle

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