This article presents an integrated approach combining the strategic, econo
mic, and analytic justification methodologies to evaluate the tangible and
intangible benefits for the selection of advanced manufacturing technology
(AMT). A strategic approach called the manufacturing map is applied to dete
rmine the consistency among the proposed technology, the company objectives
, and the manufacturing strategies. An analytic evaluation technique called
the analytic hierarchy process (AHP) is also introduced. During the AHP an
alysis, an economic evaluation tool called the state-price net present valu
e (SP NPV) is applied to provide financial data. Finally, a budget/network
chart is employed to monitor and outline the project in greater detail. (C)
1999 John Wiley & Sons, Inc.