%0 Journal Article %T Towards Measuring Investment in Flexible Foundry Manufacturing %A Rhythm Suren Wadhwa %J International Journal of Computer Science Issues %D 2012 %I IJCSI Press %X Manufacturing flexibility is an important instrument to ensure the success of manufacturing systems in the modern day competitive and uncertain environment. The major hindrance in integrating flexibility into decision making process is that it is difficult to measure and be compared to future indefinable manufacturing scenarios. This paper presents a methodical concept utilizing real options to evaluate flexible foundry manufacturing system. %K Foundry Manufacturing System Automation %K Manufacturing Flexibility %K Norway %K IJCSI %U http://www.ijcsi.org/papers/IJCSI-9-4-2-137-140.pdf