Engineering Economics of Life Cycle Cost Analysis

Engineering Economics of Life Cycle Cost Analysis
Author: John Vail Farr,Isaac Faber
Publsiher: CRC Press
Total Pages: 356
Release: 2018-10-17
ISBN: 0429881231
Category: Education
Language: EN, FR, DE, ES & NL

Engineering Economics of Life Cycle Cost Analysis Book Excerpt:

Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written. By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics. Features Focuses on systems life cycle costing Includes materials beyond basic engineering economics, such as simulation-based costing Presents cost estimating, analysis, and management from a total ownership cost perspective Offers numerous real-life examples Provides excel based textbook/problems Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.

Engineering Economics of Life Cycle Cost Analysis

Engineering Economics of Life Cycle Cost Analysis
Author: John Vail Farr,Isaac Faber
Publsiher: CRC Press
Total Pages: 356
Release: 2018-10-17
ISBN: 0429881223
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Engineering Economics of Life Cycle Cost Analysis Book Excerpt:

Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written. By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics. Features Focuses on systems life cycle costing Includes materials beyond basic engineering economics, such as simulation-based costing Presents cost estimating, analysis, and management from a total ownership cost perspective Offers numerous real-life examples Provides excel based textbook/problems Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.

Life Cycle Costing

Life Cycle Costing
Author: John W. Bull
Publsiher: Whittles
Total Pages: 233
Release: 2015
ISBN: 9781498723213
Category: Civil engineering
Language: EN, FR, DE, ES & NL

Life Cycle Costing Book Excerpt:

The key areas of life cycle cost analysis (LCCA) and whole life costing (WLC) are exemplified in this volume with accounts of their application to housing stock, a community hydroelectric power system, various aspects of highway infrastructure, and corrosion protective coatings. Sustainable construction and design requires more than compliance with safety requirements and economic constraints; there is also the impact on the environment, the surrounding population, and users of the infrastructure. This requires a multidimensional perspective of sustainability to be considered in life cycle costing (LCC) combining current design criteria with these other aspects. It has become increasingly important to understand the full costs of civil engineering infrastructure, and the main sources of cost, along the whole supply chain and to identify cost reduction opportunities. The conventional procurement approach without the integration of probabilistic life cycle cost modelling induces substantial long-term maintenance costs. Once deterioration and life cycle cost models have been established, appropriate partnership procurement strategies, associated financing methods, and determination of the project period can be developed. LCC includes the cost of planning, design, acquisition, operation, maintenance, and disposal of buildings and other construction assets, while WLC additionally includes incomes and other costs such as non-construction costs and externalities. In whole life costing, social, environmental, or business costs or benefits are considered as externalities and care must be taken not to double count the impacts when WLC is used together with LCCA. The international examples included in this book illustrate practically the methodology of life cycle costing and the application of life cycle cost analysis to identify the most appropriate method for assessing the relative merits of competing project implementation alternatives.

Affordable Reliability Engineering

Affordable Reliability Engineering
Author: William R. Wessels,Daniel Sillivant
Publsiher: CRC Press
Total Pages: 378
Release: 2015-04-16
ISBN: 1482219670
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Affordable Reliability Engineering Book Excerpt:

How Can Reliability Analysis Impact Your Company’s Bottom Line? While reliability investigations can be expensive, they can also add value to a product that far exceeds its cost. Affordable Reliability Engineering: Life-Cycle Cost Analysis for Sustainability & Logistical Support shows readers how to achieve the best cost for design development testing and evaluation and compare options for minimizing costs while keeping reliability above specifications. The text is based on the premise that all system sustainment costs result from part failure. It examines part failure in the design and sustainment of fielded parts and outlines a design criticality analysis procedure that reflects system design and sustainment. Achieve the Best Cost for Life-Cycle Sustainment Providing a framework for managers and engineers to develop and implement a reliability program for their organizations, the authors present the practicing professional with the tools needed to manage a system at a high reliability at the best cost. They introduce analytical methods that provide the methodology for integrating part reliability, failure, maintainability, and logistic math models. In addition, they include examples on how to run reliability simulations, highlight tools that are commercially available for such analysis, and explain the process required to ensure a design will meet specifications and minimize costs in the process. This text: Demonstrates how to use information gathered from reliability investigations Provides engineers and managers with an understanding of a reliability engineering program so that they can perform reliability analyses Seeks to resolve uncertainty and establish the value of reliability engineering Affordable Reliability Engineering: Life-Cycle Cost Analysis for Sustainability & Logistical Support focuses on reliability-centered maintenance and is an ideal resource for reliability engineers and managers. This text enables reliability professionals to determine the lowest life-cycle costs for part selection, design configuration options, and the implementation of maintenance practices, as well as spare parts strategies, and logistical resources.

Systems Life Cycle Costing

Systems Life Cycle Costing
Author: John V. Farr
Publsiher: CRC Press
Total Pages: 318
Release: 2011-06-20
ISBN: 1439828911
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Systems Life Cycle Costing Book Excerpt:

Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management. No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.

Cost Analysis of Electronic Systems

Cost Analysis of Electronic Systems
Author: Peter Sandborn
Publsiher: World Scientific
Total Pages: 440
Release: 2013
ISBN: 981438335X
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Cost Analysis of Electronic Systems Book Excerpt:

Understanding the cost ramifications of design, manufacturing and life-cycle management decisions is of central importance to businesses associated with all types of electronic systems. Cost Analysis of Electronic Systems contains carefully developed models and theory that practicing engineers can directly apply to the modeling of costs for real products and systems. In addition, this book brings to light and models many contributions to life-cycle costs that practitioners are aware of but never had the tools or techniques to address quantitatively in the past.Cost Analysis of Electronic Systems melds elements of traditional engineering economics with manufacturing process and life-cycle cost management concepts to form a practical foundation for predicting the cost of electronic products and systems. Various manufacturing cost analysis methods are addressed including: process-flow, parametric, cost of ownership, and activity-based costing. The effects of learning curves, data uncertainty, test and rework processes, and defects are considered. Aspects of system sustainment and life-cycle cost modeling including reliability (warranty, burn-in), maintenance (sparing and availability), and obsolescence are treated. Finally, total cost of ownership of systems and return on investment are addressed.Real life design scenarios from integrated circuit fabrication, electronic systems assembly, substrate fabrication, and electronic systems managementare used as examples of the application of the cost estimation methods developed within the book.

Life Cycle Costing

Life Cycle Costing
Author: Balbir S. Dhillon
Publsiher: Psychology Press
Total Pages: 353
Release: 1989
ISBN: 9782881243028
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Life Cycle Costing Book Excerpt:

Evaluating the cost of acquiring major pieces of equipment also necessitates costing their life maintenance. Providing coverage of recent advances in this field, this book covers such topics as reliability improvement warranty, computer hardware/software costing, and reliability engineering.

Life cycle Cost and Economic Analysis

Life cycle Cost and Economic Analysis
Author: Wolter J. Fabrycky,Benjamin S. Blanchard
Publsiher: Unknown
Total Pages: 384
Release: 1991
ISBN: 1928374650XXX
Category: Análisis de costos
Language: EN, FR, DE, ES & NL

Life cycle Cost and Economic Analysis Book Excerpt:

This text explores the fundamental principles and applications of the economic and cost analysis of products and systems, using the life-cycle process. A graded methodology is followed and the book emphasizes the linkage between economic competitiveness and economic analysis.

Design Optimization Using Life Cycle Cost Analysis for Low Operating Costs

Design Optimization Using Life Cycle Cost Analysis for Low Operating Costs
Author: Khalid A. Khan,Graeme D. Houston,BOMBARDIER AEROSPACE DOWNSVIEW (Ont.)
Publsiher: Unknown
Total Pages: 8
Release: 2000
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Design Optimization Using Life Cycle Cost Analysis for Low Operating Costs Book Excerpt:

With the increase competition among airlines to capture the customer base, more and more airlines demanding the aerospace industry to produce aircraft with high reliability and low maintenance costs. Similarly, aircraft manufacturers that once had the monopoly in various sectors, that is, small & large jets, propellers, business jet are now facing fierce competition. In response to airline industry, manufacturers are increasingly paying more attention to optimize new and current designs to improve reliability while low operating cost aircraft. This paper covers one of several methodologies available to optimize the design of an aircraft. The Life Cycle Cost (LCC) analysis is a powerful tool that has been used extensively on two new designs at Bombardier Aerospace. Several publications are available in public domain covering theoretical aspects of Engineering Economics, including Life Cycle Cost. The Life Cycle Cost analysis is a systematic approach in applying engineering economics to determine the best solution for a design over the useful life of the aircraft, from an economic standpoint.

Life Cycle Costing for Facilities

Life Cycle Costing for Facilities
Author: Alphonse Dell'Isola,Stephen J. Kirk
Publsiher: RSMeans
Total Pages: 420
Release: 2003-05-30
ISBN: 1928374650XXX
Category: Architecture
Language: EN, FR, DE, ES & NL

Life Cycle Costing for Facilities Book Excerpt:

This comprehensive resource provides expert guidance on how Life Cycle Costing (LCC) can optimize decision-making and enhance long-term profit. Sixteen case studies show how to apply LCC to particular facility types and building components, in a new construction and remodeling.

Life Cycle Costing for Design Professionals

Life Cycle Costing for Design Professionals
Author: Alphonse J. Dell'Isola,Stephen J. Kirk
Publsiher: McGraw-Hill Companies
Total Pages: 224
Release: 1981
ISBN: 1928374650XXX
Category: Building
Language: EN, FR, DE, ES & NL

Life Cycle Costing for Design Professionals Book Excerpt:

Economics; Life cycle estimating procedures; Formats; Design methodology; Case studies; Other uses.

Life Cycle Costing for Construction

Life Cycle Costing for Construction
Author: J.W. Bull
Publsiher: Routledge
Total Pages: 176
Release: 2003-10-04
ISBN: 113569785X
Category: Architecture
Language: EN, FR, DE, ES & NL

Life Cycle Costing for Construction Book Excerpt:

The construction industry is becoming increasingly aware of the need to adopt a holistic approach to the design, building, and disposal of structures. With 60 per cent of the total construction budget in most developed countries being spent on repair and maintenance, there is an obvious need to design for reliability and durability, with more carefully planned maintenance and repair schedules. One important facet is to look at how costs are distributed and spent during the lifetime of a structure: an approach known as life cycle costing, which has the ultimate aim of minimising total lifetime expenditure. As an example, choosing an inexpensive coating for steelwork may require maintenance every three years, whereas a coating which is more expensive may require repairing only once per decade. It is a question of balance - taking the lifetime costs of the structure into consideration. This new book provides an insight into how whole life costing is affecting our approach to designing, building, maintaining and disposing of structures. The book is written for consulting engineers in the fields of civil and structural engineering, building designers, architects, quantity surveyors, refurbishing specialists, as well as practising civil and structural engineers engaged in planning, design, construction, repair and refurbishment of structures.

ICCOEE2020

ICCOEE2020
Author: Bashar S. Mohammed,Nasir Shafiq,Shamsul Rahman M. Kutty,Hisham Mohamad,Abdul-Lateef Balogun
Publsiher: Springer Nature
Total Pages: 1135
Release: 2020-12-31
ISBN: 9813363118
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

ICCOEE2020 Book Excerpt:

This book contains papers presented in the 6th International Conference on Civil, Offshore & Environmental Engineering (ICCOEE2020) under the banner of World Engineering, Science & Technology Congress (ESTCON2020) will be held from 13th to 15th July 2021 at Borneo Convention Centre, Kuching, Sarawak, Malaysia. This proceeding contains papers presented by academics and industrial practitioners showcasing the latest advancements and findings in civil engineering areas with an emphasis on sustainability and the Industrial Revolution 4.0. The papers are categorized under the following tracks and topics of research: 1. Resilient Structures and Smart Materials 2. Advanced Construction and Building Information Modelling 3. Smart and Sustainable Infrastructure 4. Advanced Coastal and Offshore Engineering 5. Green Environment and Smart Water Resource Management Systems

Economic and Cost Analysis For Operations and Project Managers 2nd Edition

Economic and Cost Analysis For Operations and Project Managers   2nd Edition
Author: Mahmoud A. Al-Odeh
Publsiher: Rylanbooks
Total Pages: 135
Release: 2020-08-14
ISBN: 1607979020
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Economic and Cost Analysis For Operations and Project Managers 2nd Edition Book Excerpt:

Cost Analysis Of Electronic Systems Second Edition

Cost Analysis Of Electronic Systems  Second Edition
Author: Peter Sandborn
Publsiher: World Scientific
Total Pages: 576
Release: 2016-12-15
ISBN: 9813148276
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Cost Analysis Of Electronic Systems Second Edition Book Excerpt:

This book provides an introduction to the cost modeling for electronic systems that is suitable for advanced undergraduate and graduate students in electrical, mechanical and industrial engineering, and professionals involved with electronics technology development and management. This book melds elements of traditional engineering economics with manufacturing process and life-cycle cost management concepts to form a practical foundation for predicting the cost of electronic products and systems. Various manufacturing cost analysis methods are addressed including: process-flow, parametric, cost of ownership, and activity based costing. The effects of learning curves, data uncertainty, test and rework processes, and defects are considered. Aspects of system sustainment and life-cycle cost modeling including reliability (warranty, burn-in), maintenance (sparing and availability), and obsolescence are treated. Finally, total cost of ownership of systems, return on investment, cost-benefit analysis, and real options analysis are addressed.

Engineering Economic Analysis Practices for Highway Investment

Engineering Economic Analysis Practices for Highway Investment
Author: Michael J. Markow
Publsiher: Transportation Research Board
Total Pages: 118
Release: 2012
ISBN: 0309223431
Category: Life cycle costing
Language: EN, FR, DE, ES & NL

Engineering Economic Analysis Practices for Highway Investment Book Excerpt:

TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 424: Engineering Economic Analysis Practices for Highway Investment explores how U.S. transportation agencies have applied engineering economics--benefit–cost analyses and similar procedures--to decisions on highway investments.

Life Cycle Costing for Engineers

Life Cycle Costing for Engineers
Author: B. S. Dhillon
Publsiher: CRC Press
Total Pages: 224
Release: 2017-03-29
ISBN: 9781138072022
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Life Cycle Costing for Engineers Book Excerpt:

Cradle-to-grave analyses are becoming the norm, as an increasing amount of corporations and government agencies are basing their procurement decisions not only on initial costs but also on life cycle costs. And while life cycle costing has been covered in journals and conference proceedings, few, if any, books have gathered this information into an easily accessible resource. Eliminating the need to consult many different sources, Life Cycle Costing for Engineers brings together up-to-date life cycle costing concepts and explains their application in various industrial sectors. The author sets the scene with a chapter on fundamental economics followed by a chapter on reliability and maintainability, providing background information and platform for further understanding. He then discusses life cycle costing fundamentals, models and estimation methods, reliability, quality, safety, and manufacturing costing, and maintenance, maintainability, usability, and warranty costing. The book includes life cycle costing for computer systems and software, transportation systems, aircraft turbine engines, cargo ships, rail systems, civil engineering structures, and energy systems. An in-depth look at cost estimation models and engineering reliability and maintainability topics such as bathtub hazard rate curve, common reliability networks, general reliability, mean time to failure, and hazard rate formulas round out the coverage. Filled with examples, tables, figures, and equations, this book integrates life cycle costing concepts for use in industrial and other sectors. It provides a modern treatment of the subject that can easily be applied to any industry.

Building Technology Publications

Building Technology Publications
Author: Center for Building Technology
Publsiher: Unknown
Total Pages: 85
Release: 1981
ISBN: 1928374650XXX
Category: Building
Language: EN, FR, DE, ES & NL

Building Technology Publications Book Excerpt:

NBS Special Publication

NBS Special Publication
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1982
ISBN: 1928374650XXX
Category: Weights and measures
Language: EN, FR, DE, ES & NL

NBS Special Publication Book Excerpt:

Life Cycle Cost Analysis

Life Cycle Cost Analysis
Author: American Institute of Architects
Publsiher: Unknown
Total Pages: 45
Release: 1977
ISBN: 1928374650XXX
Category: Architectural design
Language: EN, FR, DE, ES & NL

Life Cycle Cost Analysis Book Excerpt: