INTEGRATING LIFE CYCLE COST ANALYSIS INTO THE DECISION MAKING PROCESS IN NEW PRODUCT DEVELOPMENT

• Type: Article in International Conference Proceedings Book
• Date: 2006

Authors

Silva, AP (Author) Other; Fernandes, AA (Author) FEUP

Conference proceedings International

Title: 9TH INTERNATIONAL DESIGN CONFERENCE - DESIGN 2006, VOLS 1 AND 2

Pages: 1419-1426

9th International Design Conference

Dubrovnik, CROATIA, 2006

Indexing

ISI Web of Knowledge - 0 Citations

Scopus - 1 Citation

Scientific classification

FOS: Engineering and technology > Civil engineering

Other information

Authenticus ID: P-004-R70

Abstract (EN): The trend towards sustainable development is driving companies to adopt a broader life cycle perspective in produtct development. Within this context Life Cycle Cost Analysis models can be a decisive decision support tool. In the present paper an innovative approach to combine a stochastic LCC model and a decision support tool to assist in the optimisation of the design process is described. The model is combined with a probabilistic LCC model, in order to enable the product development team to establish and maintain a Logbook or Register of the design decisions taken during the whole process development. The work being reports preliminary findings. The full managerial implications of the model being developed are still being investigated.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 8