Process technology - How are process technologies evaluated
3 important questions on Process technology - How are process technologies evaluated
What are the three sets of criteria for technologie evaluation?
1) Does the technology fit the processing task for which it is intended?
2) How does the technology improve the operation’s performance?
3) Does the technology give an acceptable financial return?
2) How does the technology improve the operation’s performance?
3) Does the technology give an acceptable financial return?
What are the three dimensions of process technology?
- its degree of ‘automation’;
- the capacity of the technology to process work, that is, its ‘scale’ or ‘scalability’;
- the extent to which it is integrated with other technologies; that is, its degree of ‘coupling’ or ‘connectivity’.
How does the technology improve the operation’s performance?
by the five operations performance objectives
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