Focusing on maintenance cost models across various sectors, this book evaluates existing and proposed frameworks, highlighting their strengths and weaknesses. It aims to present a unique cost model tailored to diverse domains where financial considerations, production performance, or mission success are critical. The author offers a range of solutions to adapt maintenance strategies effectively, ensuring alignment with specific operational goals and challenges.
This book provides an introduction to the cost modeling for electronic systems that is suitable for advanced undergraduate and graduate students in electrical, mechanical and industrial engineering, and professionals involved with electronics technology development and management. This book melds elements of traditional engineering economics with manufacturing process and life-cycle cost management concepts to form a practical foundation for predicting the cost of electronic products and systems. Various manufacturing cost analysis methods are addressed including: process-flow, parametric, cost of ownership, and activity based costing. The effects of learning curves, data uncertainty, test and rework processes, and defects are considered. Aspects of system sustainment and life-cycle cost modeling including reliability (warranty, burn-in), maintenance (sparing and availability), and obsolescence are treated. Finally, total cost of ownership of systems, return on investment, cost-benefit analysis, and real options analysis are addressed.
