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Engineering Economics Of Life Cycle Cost Analysis
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Book Synopsis Engineering Economics of Life Cycle Cost Analysis by : John Vail Farr
Download or read book Engineering Economics of Life Cycle Cost Analysis written by John Vail Farr and published by CRC Press. This book was released on 2018-10-17 with total page 356 pages. Available in PDF, EPUB and Kindle. 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.
Book Synopsis Engineering Economics of Life Cycle Cost Analysis by : John V. Farr
Download or read book Engineering Economics of Life Cycle Cost Analysis written by John V. Farr and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--
Book Synopsis Life-cycle Cost and Economic Analysis by : Wolter J. Fabrycky
Download or read book Life-cycle Cost and Economic Analysis written by Wolter J. Fabrycky and published by . This book was released on 1991 with total page 408 pages. Available in PDF, EPUB and Kindle. 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.
Book Synopsis Systems Life Cycle Costing by : John V. Farr
Download or read book Systems Life Cycle Costing written by John V. Farr and published by CRC Press. This book was released on 2011-06-20 with total page 318 pages. Available in PDF, EPUB and Kindle. 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.
Book Synopsis Systems Life Cycle Costing by : John V. Farr
Download or read book Systems Life Cycle Costing written by John V. Farr and published by CRC Press. This book was released on 2011-06-20 with total page 314 pages. Available in PDF, EPUB and Kindle. 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 pr
Book Synopsis Life Cycle Costing for Engineers by : B.S. Dhillon
Download or read book Life Cycle Costing for Engineers written by B.S. Dhillon and published by CRC Press. This book was released on 2009-10-26 with total page 224 pages. Available in PDF, EPUB and Kindle. 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
Book Synopsis Engineering Economic Analysis by : Donald G. Newnan
Download or read book Engineering Economic Analysis written by Donald G. Newnan and published by . This book was released on 1991 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Life Cycle Cost Analysis by : American Institute of Architects
Download or read book Life Cycle Cost Analysis written by American Institute of Architects and published by . This book was released on 1977 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Maintenance Costs and Life Cycle Cost Analysis by : Diego Galar
Download or read book Maintenance Costs and Life Cycle Cost Analysis written by Diego Galar and published by CRC Press. This book was released on 2017-09-18 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Affordable Reliability Engineering by : William R. Wessels
Download or read book Affordable Reliability Engineering written by William R. Wessels and published by CRC Press. This book was released on 2015-04-16 with total page 374 pages. Available in PDF, EPUB and Kindle. 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 develo
Book Synopsis Life Cycle Costing for Design Professionals by : Stephen J. Kirk
Download or read book Life Cycle Costing for Design Professionals written by Stephen J. Kirk and published by McGraw-Hill Companies. This book was released on 1995 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised second edition of the standard reference for design professionals supplies an arsenal of economic weapons for constructing, operating, and managing buildings at the lowest cost possible. Everything professionals need to put the latest construction-related strategies to work is right here in one convenient, quick reference guide.
Book Synopsis Life Cycle Costing by : B. S. Dhillon
Download or read book Life Cycle Costing written by B. S. Dhillon and published by Psychology Press. This book was released on 1989 with total page 376 pages. Available in PDF, EPUB and Kindle. 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.
Book Synopsis Decision Making in Systems Engineering and Management by : Gregory S. Parnell
Download or read book Decision Making in Systems Engineering and Management written by Gregory S. Parnell and published by John Wiley & Sons. This book was released on 2011-03-16 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Life Cycle Costing for Construction by : J.W. Bull
Download or read book Life Cycle Costing for Construction written by J.W. Bull and published by Routledge. This book was released on 2003-10-04 with total page 174 pages. Available in PDF, EPUB and Kindle. 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.
Book Synopsis Cost Analysis of Electronic Systems by : Peter Sandborn
Download or read book Cost Analysis of Electronic Systems written by Peter Sandborn and published by World Scientific. This book was released on 2013 with total page 440 pages. Available in PDF, EPUB and Kindle. 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.
Book Synopsis Bridge Life-cycle Cost Analysis by : Hugh Hawk
Download or read book Bridge Life-cycle Cost Analysis written by Hugh Hawk and published by Transportation Research Board. This book was released on 2003 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accompanying CD-ROM contains software, Guidance manual, User manual, and appendixes to report.
Book Synopsis Cost Analysis Of Electronic Systems by : Peter Sandborn
Download or read book Cost Analysis Of Electronic Systems written by Peter Sandborn and published by World Scientific. This book was released on 2012-11-07 with total page 440 pages. Available in PDF, EPUB and Kindle. 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.
