Production Strategies of Companies in Machine Manufacturing Industry

Production Strategies of Companies in Machine Manufacturing Industry

Vladimir Modrak, Sorin Mihai Radu
ISBN13: 9781466664814|ISBN10: 1466664819|EISBN13: 9781466664821
DOI: 10.4018/978-1-4666-6481-4.ch010
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MLA

Ioan Constantin Dima. "Production Strategies of Companies in Machine Manufacturing Industry." Systemic Approaches to Strategic Management: Examples from the Automotive Industry, IGI Global, 2015, pp.240-297. https://doi.org/10.4018/978-1-4666-6481-4.ch010

APA

I. Dima (2015). Production Strategies of Companies in Machine Manufacturing Industry. IGI Global. https://doi.org/10.4018/978-1-4666-6481-4.ch010

Chicago

Ioan Constantin Dima. "Production Strategies of Companies in Machine Manufacturing Industry." In Systemic Approaches to Strategic Management: Examples from the Automotive Industry. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-6481-4.ch010

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Abstract

In the portfolio of strategies of any industrial company, the production strategy occupies a central place. Preparing it is based on knowing well the technological process and its complexity. This chapter particularly studies the production strategies of the Romanian companies in the machine manufacturing industry (industrial machineries and equipment). It is recommended that the preparation of such a strategy would take into account the regional development strategy. In this context, the Advanced Production Strategies (APS) may successfully be used, which prefigure the transition to the machinist systems and then to systems based on artificial intelligence where an important role in preparing the production strategies is held by the systems based on artificial intelligence. The problem of elaborating some optimal strategic decisions is dealt with separately by using econometric models. In this context, the use of IT, respectively of expert systems, is essential in developing some very good strategies for industrial companies.

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