NDLI: Product Life Cycle Cost Modelling A Suggested Framework

Content Provider	IEEE Xplore Digital Library
Author	Waghmode, L.Y. Sahasrabudhe, A.D.
Copyright Year	2008
Description	Author affiliation: Annasaheb Dange Coll. of Eng. & Tech., Ashta (Waghmode, L.Y.)
Abstract	This paper presents a framework for product life cycle cost modelling. The proposed framework is aimed at developing a life cycle cost (LCC) model within the perspective of reliability and maintainability (R & M). To develop the model, all the products/systems are classified as repairable and non-repairable. The reliability of repairable systems is characterized by mean time between failures (MTBF) and the maintainability by mean time to repair (MTTR). For non-repairable systems the mean time to failure (MTTF), is the reliability characteristic. MTBF, MTTR and MTTF are critical parameters from R & M theory that impact LCC. The review of the state of the art in LCC is first presented. The need analysis and the research approach followed are further discussed. Finally, the detailed LCC frameworks for repairable and non-repairable systems are presented stating the conclusions and future work.
Starting Page	745
Ending Page	748
File Size	199208
Page Count	4
File Format	PDF
ISBN	9780769532677
DOI	10.1109/ICETET.2008.27
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-07-16
Publisher Place	India
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	MTTR Costing Object oriented modeling Biological system modeling Maintenance engineering MTBF Analytical models Life Cycle Cost Non-repairable system Manufacturing Reliability Repairable system MTTF Framework
Content Type	Text
Resource Type	Article

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