Investment Justification of Robotic Technology in Aerospace Manufacturing. User's Manual
Final rept. 21 Feb-28 Sep 1984 on Phase 3
APPLIED CONCEPTS CORP EDINBURG VA
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This report presents a computer program summary of the results of a three phased research program whose entitled Investment Justification of Robotic Technology in Aerospace Manufacturing, whose objective was to develop a computerized economic analysis methodology appropriate for investment justification of robotics and flexible manufacturing systems FMS in aerospace manufacturing. A microcomputer-based economic justification methodology was developed, called the Robotics Investment Decision Model RIDM. In Phase I, a nation-wide survey was performed of robotics investment analysis methodologies used or proposed by government, industry, and academia. The survey included discussions with financial, engineering, and management personnel at eight major U.S. aerospace corporations, to determine their needs and constraints, and how a model might best be designed. Phase II was the model development phase. The model was written as a Lotus 1-2-3 template, and is called the Robotics Investment Decision Model. Phase III was a review and field test of the model, RIDM was demonstrated to several USAF organizations, and was assessed by a major U. S. aerospace manufacturer. Internal testing continued, improving RIDM through several format changes, one minor technical change, and adding a few new features. The model is now ready for release to the aerospace industry.
- Administration and Management
- Economics and Cost Analysis
- Manufacturing and Industrial Engineering and Control of Production Systems