technology
the use of machinery, devices and scientific knowledge to create and sell a product or service
evaluation of information technology
+ produces cost savings
+ better quality products
+ lower unit costs
evaluation of Computer aided design
+ can draw a product to scale
+ can manipulate design to meet needs and wants
evaluation of Computer aided manufacture
+ setup costs are high
+ unit costs will be high for lower production volume
evaluation of robotics
+ can perform many tasks quickly and precisely
+ less waste so lower unit cost