Ghulam Asghar
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Universiti Kuala Lumpur
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International Research Journal of Engineering and Technology(IRJET0
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Papers by Ghulam Asghar
technology flexible machines in apparel
manufacturing. Techniques to justify the advanced
manufacturing systems, break-even and sensitivity
analysis have been developed to analyze the
significance between the conventional as well as the
latest flexible machines. Payback Period (PP) and
Return on Investment (ROI) are renowned methods to
validate the investments. These terms are calculated for
both conventional model machines and for latest
model. The comparison is made between them. The
production rate and annual profit of each model has
been calculated and compared. The break-even
analysis showed that the profit margin is increased by
using the latest flexible machines while producing the
same quantity as with the conventional machines. It is
analyzed that the break-even is achieved earlier by
using latest flexible machines as compared to the
conventional ones. The sensitivity analysis verified the
outcomes of break-even analysis. It has been learned
that the advanced manufacturing improves the
performance of the system and is justified in the
manufacturing environment.
Keywords-Advanced Manufacturing, Break-Even,
Payback Period, Return on Investment, Sensitivity
Analysis.
technology flexible machines in apparel
manufacturing. Techniques to justify the advanced
manufacturing systems, break-even and sensitivity
analysis have been developed to analyze the
significance between the conventional as well as the
latest flexible machines. Payback Period (PP) and
Return on Investment (ROI) are renowned methods to
validate the investments. These terms are calculated for
both conventional model machines and for latest
model. The comparison is made between them. The
production rate and annual profit of each model has
been calculated and compared. The break-even
analysis showed that the profit margin is increased by
using the latest flexible machines while producing the
same quantity as with the conventional machines. It is
analyzed that the break-even is achieved earlier by
using latest flexible machines as compared to the
conventional ones. The sensitivity analysis verified the
outcomes of break-even analysis. It has been learned
that the advanced manufacturing improves the
performance of the system and is justified in the
manufacturing environment.
Keywords-Advanced Manufacturing, Break-Even,
Payback Period, Return on Investment, Sensitivity
Analysis.