Life Cycle Cost Estimation Tool for Decision-Making in the Early Phases of the Design Process [chapter]

Aurora Dimache, Laurentiu Dimache, Elena Zoldi, Thomas Roche
Advances in Life Cycle Engineering for Sustainable Manufacturing Businesses  
Design is a process that involves information processing and decision-making. As cost is an important factor that must be considered in the decision-making at this phase, proper information about costs is extremely important for designers. The authors present a cost model and tool developed to help designers estimate the life cycle cost of their products and to permit them to make more cost-effective design decisions. The tool can be used in a concurrent engineering environment to provide cost
more » ... stimates for different design alternatives. What-if analyses can be performed to compare costs when using different components, materials or manufacturing processes.
doi:10.1007/978-1-84628-935-4_79 fatcat:zcscptmszbdglcgxmqcwm7ej2q