Strategic investment justification of advanced manufacturing technology using a knowledge-based system.

David Dilts, D. G. Turowski

Research output: Contribution to journalArticle

Abstract

Using the ideas of artificial intelligence and expert systems, an knowledge based system to elicit the strategic focus of a firm from a user has been developed, to discern if the proposed new technology will strengthen this focus, and to make recommendations concerning the proposed technology. The theoretical foundation of the knowledge base is the work by Porter on competitive strategy and competitive advantage. A significant amount of effort has been expended in transforming these ad hoc recommendations and suggestions into formalized knowledge based rules and attributes. This knowledge based system has been developed and it is currently being tested on actual investment problems in industry. While certain problems have arisen while testing, the general methodology appears to be valid. (A)

Original languageEnglish (US)
Journal[No source information available]
StatePublished - Jan 1 2017

ASJC Scopus subject areas

  • Engineering(all)

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