Engineering Economics Of Life Cycle Cost Analysis
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Author |
: John Vail Farr |
Publisher |
: CRC Press |
Total Pages |
: 356 |
Release |
: 2018-10-17 |
ISBN-10 |
: 9780429881237 |
ISBN-13 |
: 0429881231 |
Rating |
: 4/5 (37 Downloads) |
Synopsis Engineering Economics of Life Cycle Cost Analysis by : John Vail Farr
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.
Author |
: John V. Farr |
Publisher |
: CRC Press |
Total Pages |
: 318 |
Release |
: 2011-06-20 |
ISBN-10 |
: 9781439828915 |
ISBN-13 |
: 1439828911 |
Rating |
: 4/5 (15 Downloads) |
Synopsis Systems Life Cycle Costing by : John V. Farr
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.
Author |
: John V. Farr |
Publisher |
: |
Total Pages |
: 0 |
Release |
: 2023 |
ISBN-10 |
: 1003254780 |
ISBN-13 |
: 9781003254782 |
Rating |
: 4/5 (80 Downloads) |
Synopsis Engineering Economics of Life Cycle Cost Analysis by : John V. Farr
"Engineering Economics of Life Cycle Cost Analysis, Second Edition offers a systems and life cycle or total ownership cost perspective. It presents advanced costing techniques such as simulation-based costing, decision analysis, complex systems costing, software, big data, and cloud computing estimation. Examples and problems demonstrating these techniques with real-world applications are also included"--
Author |
: Wolter J. Fabrycky |
Publisher |
: |
Total Pages |
: 408 |
Release |
: 1991 |
ISBN-10 |
: UOM:39015019814873 |
ISBN-13 |
: |
Rating |
: 4/5 (73 Downloads) |
Synopsis Life-cycle Cost and Economic Analysis by : Wolter J. Fabrycky
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.
Author |
: John V. Farr |
Publisher |
: CRC Press |
Total Pages |
: 314 |
Release |
: 2011-06-20 |
ISBN-10 |
: 9781439828922 |
ISBN-13 |
: 143982892X |
Rating |
: 4/5 (22 Downloads) |
Synopsis Systems Life Cycle Costing by : John V. Farr
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 pr
Author |
: Donald G. Newnan |
Publisher |
: |
Total Pages |
: 600 |
Release |
: 1991 |
ISBN-10 |
: UOM:39076001001069 |
ISBN-13 |
: |
Rating |
: 4/5 (69 Downloads) |
Synopsis Engineering Economic Analysis by : Donald G. Newnan
Author |
: B.S. Dhillon |
Publisher |
: CRC Press |
Total Pages |
: 224 |
Release |
: 2009-10-26 |
ISBN-10 |
: 9781439816899 |
ISBN-13 |
: 1439816891 |
Rating |
: 4/5 (99 Downloads) |
Synopsis Life Cycle Costing for Engineers by : B.S. Dhillon
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
Author |
: American Institute of Architects |
Publisher |
: |
Total Pages |
: 56 |
Release |
: 1977 |
ISBN-10 |
: UOM:39015010985540 |
ISBN-13 |
: |
Rating |
: 4/5 (40 Downloads) |
Synopsis Life Cycle Cost Analysis by : American Institute of Architects
Author |
: Gregory S. Parnell |
Publisher |
: John Wiley & Sons |
Total Pages |
: 427 |
Release |
: 2011-03-16 |
ISBN-10 |
: 9780470934715 |
ISBN-13 |
: 0470934719 |
Rating |
: 4/5 (15 Downloads) |
Synopsis Decision Making in Systems Engineering and Management by : Gregory S. Parnell
Decision Making in Systems Engineering and Management is a comprehensive textbook that provides a logical process and analytical techniques for fact-based decision making for the most challenging systems problems. Grounded in systems thinking and based on sound systems engineering principles, the systems decisions process (SDP) leverages multiple objective decision analysis, multiple attribute value theory, and value-focused thinking to define the problem, measure stakeholder value, design creative solutions, explore the decision trade off space in the presence of uncertainty, and structure successful solution implementation. In addition to classical systems engineering problems, this approach has been successfully applied to a wide range of challenges including personnel recruiting, retention, and management; strategic policy analysis; facilities design and management; resource allocation; information assurance; security systems design; and other settings whose structure can be conceptualized as a system.
Author |
: Diego Galar |
Publisher |
: CRC Press |
Total Pages |
: 413 |
Release |
: 2017-09-18 |
ISBN-10 |
: 9781351650236 |
ISBN-13 |
: 1351650238 |
Rating |
: 4/5 (36 Downloads) |
Synopsis Maintenance Costs and Life Cycle Cost Analysis by : Diego Galar
Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers. The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process. Key Features: • Emphasis on maintenance cost and life cycle cost especially under uncertainty. • Systematic approach of how cost models can be applied and used in the maintenance field. • Compiles and reviews existing maintenance cost models. • Consequential and direct costs considered. • Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.