TY - CHAP
T1 - Fuzzy investment planning and analyses in production systems
AU - Kahraman, Cengiz
AU - Tolga, A. Çaǧri
PY - 2010
Y1 - 2010
N2 - Investment planning is a part of investment analysis that contains real investments, such as machines, lands, a new plant, a new ERP system implementation etc. Investment analysis concerns evaluation and comparison of the investment projects. In the planning phase timing is the important point to execute the project. A production system is an aggregation of equipment, people and procedures to perform the manufacturing operations of a company. Production systems can be divided into categories named facilities and manufacturing support systems. The facilities of the production system consist of the factory, the equipment, and the way the equipment is organized. In this chapter, the components of investment planning are given. Then, the fuzziness of the investment is presented. Fuzzy present worth, fuzzy annual worth, fuzzy rate of return analysis, fuzzy B/C ratio, fuzzy replacement analysis and fuzzy payback period techniques -performed in this chapter- are fuzzy investment analysis techniques. At the last section application of these techniques are subjected.
AB - Investment planning is a part of investment analysis that contains real investments, such as machines, lands, a new plant, a new ERP system implementation etc. Investment analysis concerns evaluation and comparison of the investment projects. In the planning phase timing is the important point to execute the project. A production system is an aggregation of equipment, people and procedures to perform the manufacturing operations of a company. Production systems can be divided into categories named facilities and manufacturing support systems. The facilities of the production system consist of the factory, the equipment, and the way the equipment is organized. In this chapter, the components of investment planning are given. Then, the fuzziness of the investment is presented. Fuzzy present worth, fuzzy annual worth, fuzzy rate of return analysis, fuzzy B/C ratio, fuzzy replacement analysis and fuzzy payback period techniques -performed in this chapter- are fuzzy investment analysis techniques. At the last section application of these techniques are subjected.
UR - http://www.scopus.com/inward/record.url?scp=77952731003&partnerID=8YFLogxK
U2 - 10.1007/978-3-642-12052-7_12
DO - 10.1007/978-3-642-12052-7_12
M3 - Chapter
AN - SCOPUS:77952731003
SN - 9783642120510
T3 - Studies in Fuzziness and Soft Computing
SP - 279
EP - 298
BT - Production Engineering and Management under Fuzziness
A2 - Kahraman, Cengiz
A2 - Yavuz, Mesut
ER -