Comparison of return on investment for an entry level micromilling machine versus benchmark state of the art machines

dc.contributor.authorDirkse van Schalkwyk, T. G.en_ZA
dc.date.accessioned2014-07-06T17:25:51Z
dc.date.available2014-07-06T17:25:51Z
dc.date.issued2013-07
dc.descriptionPlease cite as follows:en_ZA
dc.descriptionDirkse van Schalkwyk, T.G. 2013. Comparison of return on investment for an entry level micromilling machine versus benchmark state of the art machines. Proceedings of the 25th Annual South African Institute for Industrial Engineering Conference, 9-11 July, Stellenbosch, South Africa.en_ZA
dc.descriptionThe original publication is available at http://http://www.saiie.co.zaen_ZA
dc.description.abstractEntry level micromilling machines have a substantially reduced capital cost, and lower operating costs associated with them, compared to the state of the art micromilling machines. This paper presents the decision making process and complexity of comparing these two technologies given part requirements, time constraints and part features. Some decisions are trivial, while others require an in-depth understanding of the economics and technical aspects of the technology and the product. Insights gained from research and manufacturing of Micromilled parts are discussed as well as aspects that could impact a techno-economic model. The model aspects are then related to various product sectors each with an estimated market size. One of the outputs of the paper is a business decision framework to guide investors.en_ZA
dc.description.versionPublisher's version
dc.format.extent14 pages : illustrationsen_ZA
dc.identifier.citationDirkse van Schalkwyk, T.G. 2013. Comparison of return on investment for an entry level micromilling machine versus benchmark state of the art machines. Proceedings of the 25th Annual South African Institute for Industrial Engineering Conference, 9-11 July, Stellenbosch, South Africa.en_ZA
dc.identifier.urihttp://hdl.handle.net/10019.1/88966
dc.publisherSouth African Institute for Industrial Engineeringen_ZA
dc.rights.holderSouth African Institute for Industrial Engineeringen_ZA
dc.subjectMicromilling machinesen_ZA
dc.subjectMicromilling machines -- Technologyen_ZA
dc.subjectMicromilling machines -- Business decision frameworken_ZA
dc.subjectMicromilling machines -- Manufacturingen_ZA
dc.titleComparison of return on investment for an entry level micromilling machine versus benchmark state of the art machinesen_ZA
dc.typeConference Paperen_ZA
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