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Chapter 9
Long-term decisions
Obtaining the required equipment
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Emma Lotter
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Decision on which machinery to buy will be influenced by a variety of factors:
Production system and rate of
production
(
mass
production, batch production, or jobbing)
Specialised
machines -> built for specific
requirements
Standardised
and/or
general
purpose machines
Combination of
standard
and
specialised
machines
Consider
purchase price
and
maintenance costs
The
availability
of
spare parts
-> will influence productivity of machine
Lifespan
of machine
Resale value
of machine
Training
required to operate