Journal of Microwave Power
and Electromagnetic Energy (JMPEE) |
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TITLE |
Financial Techniques for Comparing the Monetary Gain of New
Manufacturing Processes Such as Microwave Heating [PDF] |
AUTHORS |
J. A.
Jolly 1972 7 1 5-16 |
YEAR |
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VOLUME |
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ISSUE |
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PAGES |
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Abstract The monetary gain resulting
from the purchase of new manufacturing process equipment can be analyzed by a
number of accepted financial methods. The most common are: degree of necessity,
payback period, and rate of return. These will be reviewed and demonstrated
by the use of a common example. The objective is to provide an individual
with a clearly understood set of tools so that the financial merits of a new
process, such as a microwave process, can be effectively presented for a
management decision. |