CAD/CAM SELECTION FOR SMALL MANUFACTURING COMPANIES By Tim Mercer A Research Paper Submitted in Partial Fulfillment of the Requirements for the Master of Science Degree in Management Technology Approved for Completion of 3 Semester Credits INMGT 735 Research Advisor The Graduate College University of Wisconsin May 2000 The Graduate School University of Wisconsin - Stout Menomonie‚ WI 54751 Abstract Mercer Timothy B. CAD/CAM Selection for Small Manufacturing Companies
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Introduction CAD (acronym for “Computer-Aided Design”) is one of the most popular software tools used all around the globe. CAD is a computerized platform for users to draw‚ modify and analyze designs‚ for example‚ CAD software such as AutoCAD‚ Solid Edge etc. Although what it basically capable of doing can be done by human hands‚ CAD is able to perform far more efficiently and accurately. Not to mention that for years‚ studies‚ researches and development are being carried out consistently to improve
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CAD/CAM All the engineering functions in design and manufacturing are included in CAD/CAM. During 1970s and early 1980s; CAD/CAM came into the picture. Engineering activities in design include product design‚ engineering analysis and drafting whereas the process planning and Numerical Machines (NC) part programming come in the manufacturing functions. The literal meaning of CAM is the manufacturing of the products with the aid of computers. Manufacturing is defined as a chain of interrelated activities
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ME 414: CADD&M Assignment-1 1. What do you understand by CAD‚ CAM and CAE? Shortlist some CAD/CAE tools available for vehicle industry for design. [Categorize them in a tabular form: tool-origin-characteristics-applications]. 2. Explain how a CAD system can interact with manufacturing (CAM) system. How should files be transferred if they are separate software packages? 3. Discuss the principle of FEM & FEA for the optimized design of mechanical components. Enumerate various types of design
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Background Headquartered in Detroit‚ MI (NYSC: GM) CEOs – John F. Smith: Nov 1992 – May 2000 – Richard Wagoner: Jun 2000 – Present Founded in 1908 Annual global industry sales leader for 76 years Manufacturing facilities in 33 Countries Brazil’s Improving Economy Plano Real (1994) intended to stabilize Brazilian economy Prior to 1994‚ Brazilian inflation reached 2‚490%‚ but leveled off and stood at only 4.3% in 1997 From 1994 through 1997‚ Brazils GDP grew by 88% 1997 Per
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urrency Currency Hedging Melanie John MGT/448 8/30/12 Mike Zervos Currency Hedging Imagine buying products from another foreign market and having to first buy their currency in the amount needed to make the purchase. Considering currency fluctuates up and down just as stocks do at a stock market‚ investors are now taking advantage of currency hedging to lock in a set currency exchange rate. This paper will discuss what currency hedging is‚ when to use currency hedging and why it may benefit
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flows that could be expected from each hedging technique before determining which technique to apply. A futures hedge involves the use of currency futures. To hedge future payables‚ the firm may purchase a currency futures contract for the currency that it will be required. A forward hedge differs from a futures hedge in that forward contracts are used instead of futures contract to lock in the future exchange rate at which the firm will buy or sell a currency .An exposure to exchange rate movements
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Homework: Foreign Currency Transactions and Hedging - Hedging Currency Risk at AIFS Case 1. What gives rise to the currency exposure at AIFS. Currency exposure or currency risk is the type of risk that an individual or a company faces due to the fluctuation in price of one currency against another. For AIFS –a student exchange organization that offers education and travel programs all over the world- the fact that they do business domestically and internationally gives rise to several factors that
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INTRODUCTION ABOUT THE INDUSTRY CAD SOFTWARE HISTORY CAD software‚ also referred to as Computer Aided Design software and in the past as computer aided drafting software‚ refers to software programs that assist engineers and designers in a wide variety of industries to design and manufacture physical products ranging from buildings‚ bridges‚ roads‚ aircraft and automobiles‚ large aerospace and automotive companies‚ ships and cars to digital CAD CAM software (’CAM’ is the acronym
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