Economic feasibility analysis in the manufacturing industry: a literature review
DOI:
https://doi.org/10.15675/gepros.3046Keywords:
Investments, Supply Chain, Risks, Technical-Economic Feasibility, Decision MethodsAbstract
Purpose: The development of companies in the manufacturing industry and determining their viability is challenging. This article reviews the most applied methodologies to facilitate investment decision-making in resource allocation within the supply chain. Methodology/Approach: The PRISMA 2020 methodology was applied, using Web of Science and Scopus as sources, analyzing articles up to April 2024, and rigorously following inclusion and exclusion criteria. Findings: The study included 16 articles, exhaustively extracting bibliographic metadata and detailing, particularly the methodologies applied in each study. It identified approaches such as the most used methods, variables, main objectives, optimization goals, and methods for validating results. Research, practical & social implications: This article identified dominant approaches and research gaps within its scope, providing a guide for researchers interested in studying the relationship between supply chain risks and investments. The results support decision-making and indicate the most used methods for investment evaluation. Originality/ Value: The article contributes to the consolidation of knowledge on risk analysis methods and economic feasibility, also highlighting the application of these tools in the manufacturing industry. This systematic review offers a critical analysis of existing studies, points out directions for future research, and supports the development of the field.
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