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Technical Analysis. Technical analysis of a project idea includes an in depth study of all technical aspects related to Technical analysis of a project.

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Presentation on theme: "Technical Analysis. Technical analysis of a project idea includes an in depth study of all technical aspects related to Technical analysis of a project."— Presentation transcript:

1 Technical Analysis

2 Technical analysis of a project idea includes an in depth study of all technical aspects related to Technical analysis of a project idea includes an in depth study of all technical aspects related to Basic manufacturing operations, Basic manufacturing operations, Detailed design, Detailed design, Assembling. Assembling.

3 Technology Selection What will the technology do? What will the technology do? What is required to adopt new technology? What is required to adopt new technology? How much does the technology cost? How much does the technology cost? How certain are the above apprehensions? How certain are the above apprehensions?

4 Technology Selection Technical Specifications Summary  Detailed technical description of the technology  Show how the proposal meets or exceeds the requirements

5 Input Requirements Raw Materials Raw Materials Processed industrial materials and components Processed industrial materials and components Auxiliary materials Auxiliary materials Factory supplies Factory supplies

6 Plant location Meaning-the establishment of a plant at a particular place. It is of 2 types- 1. Localization /centralization-means concentration of similar type of industries at some particular place. E.g. textile in Mumbai. 2. Delocalization /Decentralization-means spreading of similar type of industries at different places. E.g. banking industries.

7 Factors affecting location & site decisions 1. Availability of raw material 2. Nearness to the potential market 3. Near to the source of operating requirements like electricity, disposal of waste. 4. Supply of labor 5. Transport & communication facilities 6. Integration with other group of companies 7. Suitability of land & climate 8. Availability of housing, other amenities & services 9. Local building & planning regulations 10. Safety requirements 11. Others like low interest on loans, special grants, living standards

8 Selection of the site for the factory Known as location analysis where firstly some geographical area is selected & from that area a particular site is selected for the establishment of the plant. Methods for the evaluation of plant location- 1. Involving quantitative factors- a. Comparative cost chart, b. dimensional analysis. 2. Comparison of qualitative factors.

9 Plant layout Meaning- Meaning- Plant layout is the physical arrangement of industrial facilities. It involves the allocation of space & the arrangement of equipment in such a manner that overall operating costs are minimized. DD DD GG GG GG MM MM MM AA AA L LL LL LL L

10 Types of plant layout 1. Product layout 2. Process layout 3. Fixed Position/ Stationary layout Product layout- Layout that uses standardized processing operations to achieve smooth, rapid, high-volume flow Layout that uses standardized processing operations to achieve smooth, rapid, high-volume flow Here machines are arranged acc. to the needs of product & in the same sequence as the operations are necessary for manufacture. Here machines are arranged acc. to the needs of product & in the same sequence as the operations are necessary for manufacture.

11 Raw materials or customer Finished item Station 2 Station 2 Station 3 Station 3 Station 4 Station 4 Material and/or labor Station 1 Material and/or labor Material and/or labor Material and/or labor Used for Repetitive or Continuous Processing Product Layout

12 Process layout- Process layout- Layout that can handle varied processing requirements Layout that can handle varied processing requirements Here all machines performing similar type of operations are grouped together at one location in the process layout. Thus here facilities are grouped together acc. to their functions. E.g. all drilling machines are located at one place known as drilling section. Here all machines performing similar type of operations are grouped together at one location in the process layout. Thus here facilities are grouped together acc. to their functions. E.g. all drilling machines are located at one place known as drilling section.

13 Dept. A Dept. BDept. D Dept. C Dept. F Dept. E Process Layout (functional) Process Layout

14 Fixed Position / Stationary layout- Layout in which the product or project remains stationary, and workers, materials, and equipment are moved as needed. E.g. construction of DAMS. Layout in which the product or project remains stationary, and workers, materials, and equipment are moved as needed. E.g. construction of DAMS. The product, because of its size and/or weight, remains in one location and processes are brought to it. The product, because of its size and/or weight, remains in one location and processes are brought to it.

15 Machinery and Equipment Depends on the plant capacity Depends on the plant capacity Type of process selected to implement the project. Type of process selected to implement the project. Transportation of heavy equipment, Transportation of heavy equipment, Import of machinery Import of machinery After sales services After sales services

16 Production planning & control Production planning implies formulation, co-ordination & determination of activities in a manufacturing system necessary for the accomplishment of desired objectives Production planning implies formulation, co-ordination & determination of activities in a manufacturing system necessary for the accomplishment of desired objectives Production control is the process of maintaining a balance between various activities evolves during production planning providing most effective & efficient utilization of resources. Production control is the process of maintaining a balance between various activities evolves during production planning providing most effective & efficient utilization of resources.


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