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Life cycle cost estimation tool for decision-making in the early phases of the design process

  • Aurora Dimache
  • , Laurentiu Dimache
  • , Elena Zoldi
  • , Thomas Roche
    • Atlantic Technological University

    Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

    12 Citations (Scopus)

    Abstract

    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 estimates for different design alternatives. What-if analyses can be performed to compare costs when using different components, materials or manufacturing processes.

    Original languageEnglish
    Title of host publicationAdvances in Life Cycle Engineering for Sustainable Manufacturing Businesses - Proceedings of the 14th CIRP Conference on Life Cycle Engineering
    PublisherSpringer Science and Business Media, LLC
    Pages455-459
    Number of pages5
    ISBN (Print)9781846289347
    DOIs
    Publication statusPublished - 2007

    Publication series

    NameAdvances in Life Cycle Engineering for Sustainable Manufacturing Businesses - Proceedings of the 14th CIRP Conference on Life Cycle Engineering

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 7 - Affordable and Clean Energy
      SDG 7 Affordable and Clean Energy

    Keywords

    • Cost model
    • DFE (design for environment) tool
    • Life cycle cost estimation

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