Today's market place for electronic (and non-electronic) goods places ever more stringent demands upon the producers, to construct and supply cost-effective products. The consumers for their part have become increasingly aware of the importance of reliability to the performance of the equipment which they purchase. This climate has led to an ongoing and thorough analysis of the many factors which contribute towards more cost-effective products. Thus many LCC models now exist. Of these a high proportion are based upon assumptions which are not mathematically justified. Since LCC has become an important tool in the procurement and study of systems it is necessary for the methodology to be soundly based. Similarly since there are potentially many regimes under which systems may be procured and operated, there are proportionately many LCC models. It is thus important that models have well defined spaces of validity, and also that the mathematical models are transparent (i.e. publicly justified). Only in this way can we expect models to evolve towards more rigorous and credible representations. This paper attempts to give an overview of the LCC modelling problem.
Life Cycle Cost models
Modelle fuer die Lebensdauerkosten
1983
20 Seiten, 5 Bilder, 19 Quellen
Conference paper
English
Life Cycle Cost models and associated uncertainties
Tema Archive | 1983
|British Library Conference Proceedings | 1993
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|Three life cycle cost models for internal systems. (Final rept.)
Tema Archive | 1974
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