Profit Model for Incorporating AR Technology in Assembly Tasks of Aeronautical Maintenance

• Published in: Procedia computer science 2015, Vol.75, p.113-122
• Main Authors: Suárez-Warden, Fernando, Mendívil, Eduardo González, Ramírez, Alejandro Fonseca, García-Lumbreras, Salvador
• Format: Article
• Language: English
• Subjects: aeronautical maintenance (MRO); augmented reality (AR); model of profit; Production Function; technology policy
• ISSN: 1877-0509; 1877-0509
• DOI: 10.1016/j.procs.2015.12.227

It has been observed a huge advance in information technologies development, which has gotten a severe change in the mode to undertake the maintenance and assembly tasks. However it has been difficult to reach a right economic and outcome assessment of the contribution of this and other technologies to enterprise profit because traditional methods of evaluation have not been able to quantify the related intangible benefits with enough rigor. Taking the Microeconomics as a theoretical reference framework for making plant capacity decisions, we deploy various general concepts and production function; but a review of the (Microeconomic) Production Theory which states that the production factors, governed by The Law of Diminishing Returns, coexist in diverse combinations, reveals that the enterprise operates in the short term under a series of parametric determinants that does not seem to respond to the socio-economic and technological reality faced in the new century. This investigation proposes a model of profit deducted by considering a microeconomic effect analysis of augmented reality technology incorporation into aeronautical maintenance assembly tasks.