Enhanced Economic Evaluation – Approach for a Holistic Evaluation of Factory Planning Variants
The building of a factory can be a strategic investment
owing to its long service life. An evaluation that only focuses, for
example, on payments for the building, the technical equipment of
the factory, and the personnel for the enterprise is – considering the
complexity of the system factory – not sufficient for this long-term
view. The success of an investment is secured, among other things,
by the attainment of nonmonetary goals, too, like transformability.
Such aspects are not considered in traditional investment calculations
like the net present value method. This paper closes this gap with the
enhanced economic evaluation (EWR) for factory planning. The
procedure and the first results of an application in a project are
presented.
[1] M. Kolakowski, R. Schady and K. Sauer, "Grundlagen f├╝r die erweiterte
Wirtschaftlichkeitsrechnung (EWR) - Ganzheitliche Systematik zur
Integration qualitativer Kriterien in der Fabrikplanung," wt
Werkstattstechnik online, vol. 97, no. 4, pp. 226-231, 2007.
[2] P. Nyhuis, M. Kolakowski and C. L. Heger, "Evaluation of Factory
Transformability," 3rd International CIRP Conference on
Reconfigurable Manufacturing, Ann Arbor, USA, 2005.
[3] P. Nyhuis, M. Kolakowski and C. L. Heger, "Evaluation of Factory
Transformability - a Systematic Approach," in Annals of the German
Acadamic Society for Production Engineering XIII (1), 2006, pp. 147-
152.
[4] P. von Paumgarrten, "The business case for high performance green
buildings - sustainability and its financial impact," Journal of Facilities
Management, vol. 2, no. 1, pp. 26 -34, 2003.
[5] H. ElMaraghy and H. P. Wiendahl, "Changeability - An Introduction,"
in Changeable and Reconfigurable Manufacturing Systems, H.
ElMaraghy, Ed. London: Springer-Verlag, 2009, pp. 3-23.
[6] H. P. Wiendahl, et al., "Changeable Manufacturing - Classification,
Design and Operation," in Annals of CIRP, vol. 56, no. 2, 2007, pp.
783-809.
[7] C. Zangemeister, Erweiterte Wirtschaftlichkeits-Analyse (EWA):
Grundlagen, Leitfaden und PC-gest├╝tzte Arbeitshilfen f├╝r ein 3-Stufen-
Verfahren zur Arbeitssystembewertung. 2nd ed., Bremerhaven:
Wirtschaftsverlag NW, 2000.
[8] T. L. Saaty and L. G. Vargas, "Models, methods, concepts &
applications of the analytic hierarchy process," in International Series in
Operations Research & Management Science; vol. 34, Boston: Kluwer
Academic Publishers, 2001.
[9] E. Triantaphyllou, et al., "Multi-Criteriea Decision Making: An
Operations Research Approach," in Encyclopedia of Electronical and
Electronics Enginieering, vol. 15, 1998, New York: John Wiley and
sons, pp. 175-186.
[10] M. Kolakowski, D. Reh and G. Sallaba, "Erweiterte
Wirtschaftlichkeitsrechnung (EWR): Ganzheitliche Bewertung von
Varianten und Ergebnissen in der Fabrikplanung," wt Werkstattstechnik
online, vol. 95, no. 4, pp. 210-215, 2005.
[11] E. Tarcan, E. Sait Varol and M. Ates, "A qualitative study of facilities
and their environmental performance," Management of Environmental
Quality, vol. 15, no. 2, pp. 154-173, 2004.
[12] D. Wyon, "The effects of indoor air quality on performance and
productivity," Indoor air, vol. 14, no. 2, pp. 92-101, 2004.
[13] R. Leachman and S. Ding, "Integration of speed economics into
decision-making for manufacturing management," International
Journal of Production Economics, vol. 107, pp 39-55, 2007.
[14] P. Nyhuis, T. Heinen and M. Brieke, "Adequate and economic factory
transformability and the effects on logistical performance,"
International Journal of Flexible Manufacturing Systems, vol. 19, no. 3,
pp. 286-307, 2007.
[15] B. Saleh, M. Hacker and S. Randhawa, ÔÇ×Factors in capital decisions
involving advanced manufacturing technologies," International Journal
of Operations & Production Management, vol. 21, no. 10, pp. 1265-
1288, 2001.
[16] W. Fisk, "Health and productivity gains from better indoor
environments and their relationship with building energy efficiency,"
Annu. Rev. Energy Environ., vol. 25, pp. 537-566, 2000.
[17] A. Saari, et al., "The effect of a redesigned floor plan, occupant density
and the quality of indoor climate on the cost of space, productivity and
sick leave in an office building-A case study," Building and
Evironment, vol. 41, pp. 1961-1972, 2006.
[18] Quality management systems - Fundamentals and vocabulary, ISO
9000:2005, 2005
[19] K. Boyer, et al., "Unlocking the potential of advanced manufacturing
technologies," Journal of Operations Management, vol. 15, pp. 331-
347, 1997.
[20] M. Mueller-Seegers and M. P. F├╝rniß, "Die Zukunft der
Kommunikation in Fabriken - Instant Messaging," ZWF Zeitschrift f├╝r
wirtschaftlichen Fabrikbetrieb, vol. 101, no. 12, pp. 741-745, 2006.
[21] P. Nyhuis and M. Mueller-Seegers, "Gestaltung
kommunikationsfördernder Fabriken: Verkn├╝pfung betrieblicher
Arbeitsprozesse durch den Abbau von Kommunikationsbarrieren," wt
Werkstattstechnik online, vol. 95, no. 5, pp. 378-382, 2005.
[22] C. L. Heger, "Bewertung der Wandlungsfähigkeit von Fabrikobjekten,"
Ph.D. dissertation, Dept. Mech. Eng., Leibniz University of Hanover,
Hanover, 2007.
[23] G. Lin and S. V. Nagalingam, CIM Justification and Optimization.
London: Taylor & Francis, 2000.
[24] J. Michell, "Measurement scales and statistics: a clash of paradigms,"
Psychological Bulletin, vol. 3, 398-407, 1997.
[25] H. Blohm and K. L├╝der, Investition: Schwachstellenanalyse des
Investitionsbereichs und Investitionsrechnung. 8th ed., M├╝nchen:
Verlag Franz Vahlen, 1995.
[26] J. Hertz, A. Krogh and R. Palmer, Introduction to the theory of Neural
computation. Redwood City: Addison-Wesley, 1991.
[27] C. Bishop, Neural Networks for Pattern Recognition. Oxford: Oxford
University Press, 1995.
[28] V. Vapnik, The Nature of Statistical Learning Theory. New York: John
Wiley & Sons, 1995.
[29] B. H. Baltagi, Econometrics. New York: Springer-Verlag, 2002.
[30] J.-P. Florens, V. Marimoutou and A. Pégiun-Feissolle, Econometric
modeling and inference. Cambrige: Cambrige University Press, 2007.
[31] W. G. Sullivan, J. A. Bontadelli and E. M. Wicks, Engineering
Economy. 11th ed., New Jersey: Prentice-Hall, 1999.
[1] M. Kolakowski, R. Schady and K. Sauer, "Grundlagen f├╝r die erweiterte
Wirtschaftlichkeitsrechnung (EWR) - Ganzheitliche Systematik zur
Integration qualitativer Kriterien in der Fabrikplanung," wt
Werkstattstechnik online, vol. 97, no. 4, pp. 226-231, 2007.
[2] P. Nyhuis, M. Kolakowski and C. L. Heger, "Evaluation of Factory
Transformability," 3rd International CIRP Conference on
Reconfigurable Manufacturing, Ann Arbor, USA, 2005.
[3] P. Nyhuis, M. Kolakowski and C. L. Heger, "Evaluation of Factory
Transformability - a Systematic Approach," in Annals of the German
Acadamic Society for Production Engineering XIII (1), 2006, pp. 147-
152.
[4] P. von Paumgarrten, "The business case for high performance green
buildings - sustainability and its financial impact," Journal of Facilities
Management, vol. 2, no. 1, pp. 26 -34, 2003.
[5] H. ElMaraghy and H. P. Wiendahl, "Changeability - An Introduction,"
in Changeable and Reconfigurable Manufacturing Systems, H.
ElMaraghy, Ed. London: Springer-Verlag, 2009, pp. 3-23.
[6] H. P. Wiendahl, et al., "Changeable Manufacturing - Classification,
Design and Operation," in Annals of CIRP, vol. 56, no. 2, 2007, pp.
783-809.
[7] C. Zangemeister, Erweiterte Wirtschaftlichkeits-Analyse (EWA):
Grundlagen, Leitfaden und PC-gest├╝tzte Arbeitshilfen f├╝r ein 3-Stufen-
Verfahren zur Arbeitssystembewertung. 2nd ed., Bremerhaven:
Wirtschaftsverlag NW, 2000.
[8] T. L. Saaty and L. G. Vargas, "Models, methods, concepts &
applications of the analytic hierarchy process," in International Series in
Operations Research & Management Science; vol. 34, Boston: Kluwer
Academic Publishers, 2001.
[9] E. Triantaphyllou, et al., "Multi-Criteriea Decision Making: An
Operations Research Approach," in Encyclopedia of Electronical and
Electronics Enginieering, vol. 15, 1998, New York: John Wiley and
sons, pp. 175-186.
[10] M. Kolakowski, D. Reh and G. Sallaba, "Erweiterte
Wirtschaftlichkeitsrechnung (EWR): Ganzheitliche Bewertung von
Varianten und Ergebnissen in der Fabrikplanung," wt Werkstattstechnik
online, vol. 95, no. 4, pp. 210-215, 2005.
[11] E. Tarcan, E. Sait Varol and M. Ates, "A qualitative study of facilities
and their environmental performance," Management of Environmental
Quality, vol. 15, no. 2, pp. 154-173, 2004.
[12] D. Wyon, "The effects of indoor air quality on performance and
productivity," Indoor air, vol. 14, no. 2, pp. 92-101, 2004.
[13] R. Leachman and S. Ding, "Integration of speed economics into
decision-making for manufacturing management," International
Journal of Production Economics, vol. 107, pp 39-55, 2007.
[14] P. Nyhuis, T. Heinen and M. Brieke, "Adequate and economic factory
transformability and the effects on logistical performance,"
International Journal of Flexible Manufacturing Systems, vol. 19, no. 3,
pp. 286-307, 2007.
[15] B. Saleh, M. Hacker and S. Randhawa, ÔÇ×Factors in capital decisions
involving advanced manufacturing technologies," International Journal
of Operations & Production Management, vol. 21, no. 10, pp. 1265-
1288, 2001.
[16] W. Fisk, "Health and productivity gains from better indoor
environments and their relationship with building energy efficiency,"
Annu. Rev. Energy Environ., vol. 25, pp. 537-566, 2000.
[17] A. Saari, et al., "The effect of a redesigned floor plan, occupant density
and the quality of indoor climate on the cost of space, productivity and
sick leave in an office building-A case study," Building and
Evironment, vol. 41, pp. 1961-1972, 2006.
[18] Quality management systems - Fundamentals and vocabulary, ISO
9000:2005, 2005
[19] K. Boyer, et al., "Unlocking the potential of advanced manufacturing
technologies," Journal of Operations Management, vol. 15, pp. 331-
347, 1997.
[20] M. Mueller-Seegers and M. P. F├╝rniß, "Die Zukunft der
Kommunikation in Fabriken - Instant Messaging," ZWF Zeitschrift f├╝r
wirtschaftlichen Fabrikbetrieb, vol. 101, no. 12, pp. 741-745, 2006.
[21] P. Nyhuis and M. Mueller-Seegers, "Gestaltung
kommunikationsfördernder Fabriken: Verkn├╝pfung betrieblicher
Arbeitsprozesse durch den Abbau von Kommunikationsbarrieren," wt
Werkstattstechnik online, vol. 95, no. 5, pp. 378-382, 2005.
[22] C. L. Heger, "Bewertung der Wandlungsfähigkeit von Fabrikobjekten,"
Ph.D. dissertation, Dept. Mech. Eng., Leibniz University of Hanover,
Hanover, 2007.
[23] G. Lin and S. V. Nagalingam, CIM Justification and Optimization.
London: Taylor & Francis, 2000.
[24] J. Michell, "Measurement scales and statistics: a clash of paradigms,"
Psychological Bulletin, vol. 3, 398-407, 1997.
[25] H. Blohm and K. L├╝der, Investition: Schwachstellenanalyse des
Investitionsbereichs und Investitionsrechnung. 8th ed., M├╝nchen:
Verlag Franz Vahlen, 1995.
[26] J. Hertz, A. Krogh and R. Palmer, Introduction to the theory of Neural
computation. Redwood City: Addison-Wesley, 1991.
[27] C. Bishop, Neural Networks for Pattern Recognition. Oxford: Oxford
University Press, 1995.
[28] V. Vapnik, The Nature of Statistical Learning Theory. New York: John
Wiley & Sons, 1995.
[29] B. H. Baltagi, Econometrics. New York: Springer-Verlag, 2002.
[30] J.-P. Florens, V. Marimoutou and A. Pégiun-Feissolle, Econometric
modeling and inference. Cambrige: Cambrige University Press, 2007.
[31] W. G. Sullivan, J. A. Bontadelli and E. M. Wicks, Engineering
Economy. 11th ed., New Jersey: Prentice-Hall, 1999.
@article{"International Journal of Business, Human and Social Sciences:60325", author = "Candy P. Schulze and Michael Brieke and Prof. Peter Nyhuis", title = "Enhanced Economic Evaluation – Approach for a Holistic Evaluation of Factory Planning Variants", abstract = "The building of a factory can be a strategic investment
owing to its long service life. An evaluation that only focuses, for
example, on payments for the building, the technical equipment of
the factory, and the personnel for the enterprise is – considering the
complexity of the system factory – not sufficient for this long-term
view. The success of an investment is secured, among other things,
by the attainment of nonmonetary goals, too, like transformability.
Such aspects are not considered in traditional investment calculations
like the net present value method. This paper closes this gap with the
enhanced economic evaluation (EWR) for factory planning. The
procedure and the first results of an application in a project are
presented.", keywords = "economic efficiency, holistic evaluation, factory
planning", volume = "3", number = "5", pages = "479-6", }
