Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/31736
Title: Investment appraisal techniques for advanced manufacturing technology (AMT): A literature review
Authors: Chan, FTS 
Chan, MH
Lau, H
Ip, RWL
Keywords: Advanced manufacturing technologies
Investment analysis
Justification
Strategic planning
Issue Date: 2001
Source: Integrated manufacturing systems, 2001, v. 12, no. 1, p. 35-47 How to cite?
Journal: Integrated Manufacturing Systems 
Abstract: This paper presents an overview and guidance for manufacturing companies which are preparing to invest in advanced manufacturing technology (AMT). The purpose of this paper is to explain the reasons why the company may encounter problems while adopting AMT, and to look at the many suggestions offered by the relevant literature for improving the performance of evaluation in AMT investment. According to the four major steps in adopting AMT (i.e. strategic planning, justification, training and installation, and routinization and implementation), the research work here aims to assist managers or investors to recognize problems at each step, thus offering appropriate ways to avoid and/or solve those problems. It is believed that improved justification methods will encourage more firms to invest in AMT and to realize the benefits these investments can offer.
URI: http://hdl.handle.net/10397/31736
ISSN: 0957-6061
DOI: 10.1108/09576060110361528
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