Product Suite

Supply Chain Glossary - M

Supply Chain Glossary - M

MAP

Acronym for manufacturing automation protocol.

1) A procedure for equipment replacement analysis sponsored by the Machinery and Allied Products Institute. 2) A method of capital investment analysis that has been formulated by the Machinery and Allied Products Institute. This method uses a fixed format and provides charts and graphs to facilitate calculations. A prominent feature of this method is that it explicitly includes obsolescence.


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