Research On Benefit Evaluation Of Advanced Manufacturing Technology

Applying advanced manufacturing technology(AMT)to the enterprise is a really significant strategic investment for the continuous operation and development of company,and the quality of decision-making greatly impacts the technical strength, management quality level,economic efficiency,competitiveness and long-term development of a company.Moreover,the quality of AMT investment decision-making depends largely on the quality of technical and economic evaluation of AMT project.Just as many literatures about this topic point out that promoting the application of advanced manufacturing technology to popularization does not lie in the technology but the management,and how to evaluate its application is the main reason for AMT popularization.In this paper,we firstly expounds on advanced manufacturing technology projects literature review at home and abroad,and then analyzes its meaning, characteristics,goal,principles and methods of the effectiveness evaluation of advanced manufacturing technology,we also proposes a comprehensive evaluation system of economic benefits,intangible benefits and investment risk assessment on ATM.The comprehensive evaluation system includes:(1)Using the methods of Activity-based Cost,this study analyzes the operation of the project,classifies the project operational effectiveness of advanced manufacturing operations as value-for-money,time operating efficiency,operational quality and efficiency, operational flexibility and other benefits effectiveness,and then applies net present value(NPV)of its investment to evaluate the economic benefits of the project.(2) Applying value-function analysis,this study separates the intangible benefits of advanced manufacturing technology projects into market competitiveness,social influence,and environmental benefits,business management and technical innovation advantage,and then improves Alexander Wall Score Weighting system to make composite index to quantify intangible benefits.(3)This study applies the analytic hierarchy process to analyze comprehensive risk,and the investment risk from the technical applicability,technical reliability and technical alternatives.(4)This paper tests the feasibility of the evaluation system by applying this evaluation system to a case.The main contributions of this paper are as follows:(1)the decomposition of economic benefit carried out by ABC,and the intangible benefits are measured by using Alexander Wall Score Weighting system.(2)This study applies AHP evaluation method to quantify the risk of ATM and uses the return on risk to balance off the benefit and the risk.