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Economic Assessment Methods

Applied Economics in US Manufacturing

Assembly Plant
Photo Credit: The Chrysler 200 Factory Tour, an interactive online experience using Google Maps Business View technology, takes consumers inside the new 5-million-square-foot Sterling Heights Assembly Plant for a behind-the-scenes peek at how the 2015 Chrysler 200 is built.
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Guide to Investment Analysis

This guide was assembled to aid manufacturers in evaluating potential investments. It is an overview of the primary methods used for evaluating investments in manufacturing technologies and was designed to minimize the amount of time and resources needed to understand them. It aids in answering questions such as:

  • We have five proposed investments but can only afford a selection of them. Which investments do we choose?
  • Is it more cost effective to invest in new machine tools or a new HVAC control system?
  • What HVAC control system is the most cost effective?
  • Is a new robotic system cost effective?


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Guide for Identifying and Evaluating Industry Research Investments

This guide was assembled to aid change agents, such as research and trade organizations, in evaluating potential research and development investments in the manufacturing industry. It uses a 5-step process starting with identifying potential projects and working through project selection. It answers questions such as:

  • How can our research organization identify high impact projects?
  • Our research organization has 10 potential projects, but can only afford to invest in a selection of them, which ones do we chose?


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Coming Soon - Guide to Investment Analysis in Environmentally Sustainable Manufacturing

This guide covers techniques for evaluating manufacturing investments from the perspective of environmentally sustainable manufacturing by pairing economic methods of investment analysis with environmental aspect of manufacturing, including manufacturing processes. It aids in answering questions such as:

  • We have five proposed investments but can only afford a selection of them. Which investments should we choose when considering cost effectiveness and environmental sustainability?
  • Is a proposed investment both cost effective and environmentally sustainable?


Created January 24, 2020