The valuation of technologies is necessary in many situations. These vary from investments in machinery to manufacture developed products to the selection of new production technologies to fulfil customer demands. In this paper we present the current version of the developed model for the valuation of a technology in a manufacturing system. The model focuses on technology-related objectives of the manufacturing system and the link to relevant characteristics of manufacturing technologies. The valuation model of this on-going research allows to quantify, measure and assess consequences of the application of a specific technology and its value contribution to the manufacturing system
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