Justification of FMS with the analytic hierarchy process

Abstract

Developing a justification methodology for an FMS requires the use of traditional engineering economy tools and innovative ranking procedures to fully evaluate all the benefits of the technology. This paper gives an overview of the potential benefits derived from a FMS implementation and a method to quantify these benefits for use in engineering economy studies. The analytic hierarchy process is recommended for this application. An example of its use is given to determine the best manufacturing system.