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 language | English |
|---|---|
| Title of host publication | Advances in Life Cycle Engineering for Sustainable Manufacturing Businesses - Proceedings of the 14th CIRP Conference on Life Cycle Engineering |
| Publisher | Springer Science and Business Media, LLC |
| Pages | 455-459 |
| Number of pages | 5 |
| ISBN (Print) | 9781846289347 |
| DOIs | |
| Publication status | Published - 2007 |
Publication series
| Name | Advances 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)
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SDG 7 Affordable and Clean Energy
Keywords
- Cost model
- DFE (design for environment) tool
- Life cycle cost estimation
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