United States Government Publishing Office publisher pbl distributor dst United States Commerce Department National Institute of Standards and Technology (NIST) author aut Government Organization Thomas, Douglas. author aut text government publication eng GOVPUB Executive Agency Publications executive 2023-10-27 Commerce Department 2022-11-10 monographic deposited born digital 27 digital object pages C 13. https://www.govinfo.gov/app/details/GOVPUB-C13-75748a1b933a807cd411f415f46aa37b P0b002ee1c1ba352f on1389890506 (OCoLC)1389890506 DGPO 2023-10-27 2026-06-27 GOVPUB-C13-75748a1b933a807cd411f415f46aa37b machine generated eng fdlp C13 GOVPUB-C13-75748a1b933a807cd411f415f46aa37b 75748a1b933a807cd411f415f46aa37b GOVPUB NIST Advanced Manufacturing Series NOTE: THE “DATE ISSUED” ABOVE MAY DEFAULT TO JANUARY 1ST OF A GIVEN YEAR. TO THE VIEW THE MOST ACCURATE DATE OF ISSUE, REVIEW THE TITLE PAGE OF THE PUBLICATION. The Advanced Manufacturing Series consists of reports, guides, recommendations, specifications, use cases, and data management methods related to the design, planning, implementation and operation of advanced manufacturing. Topics cover, but are not limited to, additive manufacturing, advanced composites, digital manufacturing, flexible hybrid electronics, integrated photonics, lightweight metals, and smart manufacturing. AMS is divided into subseries for specific groups and document types. National Institute of Standards and Technology Commerce Department. National Institute of Standards and Technology. 2022 2022-11-10 https://www.govinfo.gov/app/details/GOVPUB-C13-75748a1b933a807cd411f415f46aa37b https://www.govinfo.gov/content/pkg/GOVPUB-C13-75748a1b933a807cd411f415f46aa37b/pdf/GOVPUB-C13-75748a1b933a807cd411f415f46aa37b.pdf Return on Investment for Small and Medium Establishments Industrial efficiency Internal rate of return Manufacturing processes Rate of return Thomas, Douglas. creator Thomas, Douglas. National Institute of Standards and Technology (U.S.) Engineering Laboratory mdu U.S. Dept. of Commerce, National Institute of Standards and Technology 2022-11-10. monographic 1 online resource (27 pages) : illustrations (color) text technical report eng Manufacturers and manufacturing research organizations make investments to advance efficiency and competitiveness. Understanding the return for previously made investments can guide both manufacturers and researchers in identifying future investments with a high return. This paper examines trends in data from U.S. Department of Energy Industry Assessment Centers, which make technical assessments to reduce waste at small and medium sized manufacturers, to facilitate identifying potentially high return investments for manufacturers and researchers. The results show that the net present value is disproportionally distributed among investments, where 20 % of the investment categories represent 82 % of the net present value (i.e., net benefits). For individual investments, 20 % of the cumulative investment cost accounts for 74 % of the net present value. Regression analysis identified those investments with a high return when controlling for a selection of factors. The results suggest that over time, the average Internal rate of return (IRR) decreases, larger firms tend to receive higher IRR, and some investment categories tend to have higher IRR than others. The highest IRR investments were related to bottleneck reduction, scheduling, and just-in-time inventory. The highest concentration of net present value was found in heat recovery with the second highest concentration being in cogeneration and the third highest in lighting. The most common high IRR investment type that was statistically significant in a regression analysis was related to heat recovery with the second relating to space conditioning and the third most common was related to cogeneration. Douglas Thomas. November 2022. Title from PDF title page (viewed January 4, 2023). Includes bibliographical references. Approved by the NIST Editorial Review Board on 2022-04-05 Mode of access: World Wide Web. Systems requirements: Adobe Acrobat PDF reader. Manufacturing processes Rate of return Industrial efficiency Internal rate of return https://doi.org/10.6028/NIST.AMS.100-50 return on investment for small and medium establishments return on investment for small and medium establishments