Abstract:
The purpose of this paper is to determine the methods which are presently being used to evaluate automation systems in industry. With the increased volume of sales and higher production costs, new methods are continually being explored to increase the productivity of each industry. One method employed by industry is the increased use of automation systems. A sound and accurate means of determining when and to what extent to automate is very desirable. It will give the managers an economic justification for proposals of such systems. Eventhough there has been an extensive amount of writing and research on the justification process, little research has been done on the actual methods which industries employ. From the results of the research it is felt that managers will be better able to choose the particular method which they wish to employ.