{"title":"过程改进和自动化项目的经济合理性","authors":"B. Baldwin","doi":"10.1109/TEXCON.1997.598535","DOIUrl":null,"url":null,"abstract":"Economic justification is the burden of proof for the necessity of process improvement and automation projects. Process improvement and automation projects are undertaken to achieve business objectives. The prospective project's financial return versus the hurdle rate, and its various forms, is the primary information required to make business decisions. This paper describes the steps required to determine the financial return for a prospective project while taking into account life cycle costs.","PeriodicalId":338656,"journal":{"name":"1997 IEEE Annual Textile, Fiber and Film Industry Technical Conference","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1997-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Economic justification of process improvement and automation projects\",\"authors\":\"B. Baldwin\",\"doi\":\"10.1109/TEXCON.1997.598535\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Economic justification is the burden of proof for the necessity of process improvement and automation projects. Process improvement and automation projects are undertaken to achieve business objectives. The prospective project's financial return versus the hurdle rate, and its various forms, is the primary information required to make business decisions. This paper describes the steps required to determine the financial return for a prospective project while taking into account life cycle costs.\",\"PeriodicalId\":338656,\"journal\":{\"name\":\"1997 IEEE Annual Textile, Fiber and Film Industry Technical Conference\",\"volume\":\"1 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"1997-05-06\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"1997 IEEE Annual Textile, Fiber and Film Industry Technical Conference\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/TEXCON.1997.598535\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"1997 IEEE Annual Textile, Fiber and Film Industry Technical Conference","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/TEXCON.1997.598535","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Economic justification of process improvement and automation projects
Economic justification is the burden of proof for the necessity of process improvement and automation projects. Process improvement and automation projects are undertaken to achieve business objectives. The prospective project's financial return versus the hurdle rate, and its various forms, is the primary information required to make business decisions. This paper describes the steps required to determine the financial return for a prospective project while taking into account life cycle costs.
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