Description
Navigate to the Online Library which is accessible through the Resources tab. Select one of the databases that contains data about Business or Accounting. Locate a current article about factory automation. Compose a brief essay that discusses the accounting implications of the automation process discussed within the article. Some of the items to address include:
- The efficiency and accuracy of data collection.
- The new opportunities for improving performance reports.
- Production cycle threats and the control procedures used to minimize those threats.
Please make this paper 1-2 pages long and in APA Format.
Please include a reference page and site sources within the paper.
Please see attached article "Connecting the Small Factory" that should only be used for this paper.
I have included the reference for the article below.
Reference
Waurzyniak,
P. (2016). Connecting the smart factory. Manufacturing Engineering,157(2),
206-211. Retrieved from http://search.proquest.com.ezproxy.rasmussen.edu/d...
Explanation & Answer
Hello. Here is the complete work. Thank you.
Attached.
Running head: IMPLICATIONS OF THE FACTORY AUTOMATION PROCESS
Accounting Implications of the Factory Automation Process
Name
University name
1
IMPLICATIONS OF THE FACTORY AUTOMATION PROCESS
2
Accounting Implications of the Factory Automation Process
In order to boost efficiency and increase productivity with low cost in industrial
applications, effective data management is an important factor. Effective data management in
factory automation system has become a key challenge...