DYNAMIC ECONOMIC ANALYSIS IS A NEW PARADIGM FOR EVALUATING AND FORECASTING ECONOMIC PERFORMANCE OF MANUFACTURING OPERATIONS. IT INVOLVES THE APPLICATION OF OPERATIONS RESEARCH TOOLS AND COMPUTER SIMULATION TO MANUFACTURING OF COMPOSITE PARTS. THIS PAPER DESCRIBES THE INITIALLY DEVELOPED MODEL, A CASE STUDY AND THE PLANS FOR CONTINUED RESEARCH AND APPLICATION OF THE CONCEPT. THE INITIAL MODEL IS RELATIVELY UNSOPHISTICATED BUT IS BEING EXTENDED TO INCLUDE THE PROBABILISTIC BEHAVIOR OF SEVERAL INPUT VARIABLES, MULTIPLE STEP PROCESSES, AND MONOTONIC CHANGES THROUGH USE OF LEARNING CURVE THEORY.
| Number of Pages : | 14 |
| Published : | 06/01/1990 |
