Development of product life-cycle cost analysis tool

The main purpose of this project was to develop a life cycle cost analysis (LCCA) tool which can be used by small and medium sized enterprises (SMEs) for the decision making process when comparing different alternatives of their products. The tool is expected to assist designers in making choices re...

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Main Author:	Hussein, Ahmed Yussuf
Format:	Thesis
Language:	English
Published:	2008
Subjects:	HB Economic Theory
Online Access:	http://eprints.utm.my/id/eprint/7805/1/AhmedYussufHusseinMFKM2008.pdf
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id	my-utm-ep.7805
record_format	uketd_dc
spelling	my-utm-ep.78052018-07-19T01:38:48Z Development of product life-cycle cost analysis tool 2008-04 Hussein, Ahmed Yussuf HB Economic Theory The main purpose of this project was to develop a life cycle cost analysis (LCCA) tool which can be used by small and medium sized enterprises (SMEs) for the decision making process when comparing different alternatives of their products. The tool is expected to assist designers in making choices regarding the definition of product characteristics, integrating a series of analysis, calculation, and decision-making tools in the most appropriate manner in order to compare different alternatives of their product. LCCA appears to be a useful approach to a comprehensive assessment of economic, environmental and social impacts of the life cycle of a product and aids SMEs to meet environmental requirements adopted in nations around the world. The tool plays a primary role in this specific context due to the fact that not only production costs, but also those costs incurred during use and disposal are greatly conditioned by the initial design choices. Due to the differences exist in the cost structure of different products under evaluation, it is difficult to generalize the model; However, by making some modification to cost categories and by following the general LCCA framework developed, it is possible to match the model to any application desired. The model is simplified for usage in the form of ExcelTM in such away that the analyst can easily input data into tables and generate outputs using Excel Charts. The decision is made based on the alternative with lowest life cycle cost. 2008-04 Thesis http://eprints.utm.my/id/eprint/7805/ http://eprints.utm.my/id/eprint/7805/1/AhmedYussufHusseinMFKM2008.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Mechanical Engineering Faculty of Mechanical Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Hussein, Ahmed Yussuf Development of product life-cycle cost analysis tool
description	The main purpose of this project was to develop a life cycle cost analysis (LCCA) tool which can be used by small and medium sized enterprises (SMEs) for the decision making process when comparing different alternatives of their products. The tool is expected to assist designers in making choices regarding the definition of product characteristics, integrating a series of analysis, calculation, and decision-making tools in the most appropriate manner in order to compare different alternatives of their product. LCCA appears to be a useful approach to a comprehensive assessment of economic, environmental and social impacts of the life cycle of a product and aids SMEs to meet environmental requirements adopted in nations around the world. The tool plays a primary role in this specific context due to the fact that not only production costs, but also those costs incurred during use and disposal are greatly conditioned by the initial design choices. Due to the differences exist in the cost structure of different products under evaluation, it is difficult to generalize the model; However, by making some modification to cost categories and by following the general LCCA framework developed, it is possible to match the model to any application desired. The model is simplified for usage in the form of ExcelTM in such away that the analyst can easily input data into tables and generate outputs using Excel Charts. The decision is made based on the alternative with lowest life cycle cost.
format	Thesis
qualification_level	Master's degree
author	Hussein, Ahmed Yussuf
author_facet	Hussein, Ahmed Yussuf
author_sort	Hussein, Ahmed Yussuf
title	Development of product life-cycle cost analysis tool
title_short	Development of product life-cycle cost analysis tool
title_full	Development of product life-cycle cost analysis tool
title_fullStr	Development of product life-cycle cost analysis tool
title_full_unstemmed	Development of product life-cycle cost analysis tool
title_sort	development of product life-cycle cost analysis tool
granting_institution	Universiti Teknologi Malaysia, Faculty of Mechanical Engineering
granting_department	Faculty of Mechanical Engineering
publishDate	2008
url	http://eprints.utm.my/id/eprint/7805/1/AhmedYussufHusseinMFKM2008.pdf
_version_	1747814715994669056

Development of product life-cycle cost analysis tool

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