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Limited capital resources force manufacturing compa nies in Turkey to use systematic and thorough selection models in making their investment decisio n in advanced manufacturing technologies (AMT). Various AMT selection models are available in the l it rature. However, the authors’ literature survey and discussions with the potential buyers of AMTs showe d that there is still a need for a selection model which should provide an optimal set of AMT options and consider strategic benefits along with financia l and other constraints in a multi-level model. This study aims to develop such an AMT option selection model by obtaining the contributions of the AMT opt i ns into a manufacturing company’s competitive strategy in its first level, and then incorporating them into a GP model along with financial and othe r constraints to select an AMT option set in its seco nd level. A real-world case study is developed to illustrate the application of the proposed model.

Development of a Two-Stage AMT Option Selection Model to Use in Turkish Manufacturing Companies