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SME MM930207
- Justifying Capital Expenditures Through The Savings Generated By The Eliminating Of Coil Change Downtime
- standard by Society of Manufacturing Engineers, 06/01/1993
- Publisher: SME
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THIS PAPER WILL EXPLAIN THE THREE MOST COMMONLY USED CAPITAL JUSTIFICATION TECHNIQUES WITH A FOCUS ON THEIR APPLICABILITY TO A METAL PROCESSING ENVIRONMENT. THE AUDIENCE WILL BE SHOWN TECHNIQUES FOR IDENTIFYING CASH FLOWS, DETERMINING RATES OF RETURN, AND ULTIMATELY JUSTIFYING CAPITAL EXPENDITURES. AN IN-DEPTH EXAMPLE WILL BE THE BASIS FOR TEACHING THE TECHNIQUES WHILE ALLOWING INDUSTRY-SPECIFIC CHARACTERISTICS TO BE ADDRESSED.