Using Life Cycle Costing for Product Management

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21220%2F14%3A00225298" target="_blank" >RIV/68407700:21220/14:00225298 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Using Life Cycle Costing for Product Management

Original language description

Introducing a case study relating to product management, this paper applies the Life Cycle Cost (LCC) method to solve a particular problem of design selection in the area of mechanical engineering. It is clearly explained and illustrated that various cost types need to be taken into account, ranging over the whole life of the product from its inception to disposal, and related to an appropriate unit of utility. In order to achieve maximum effect, such a comprehensive economic analysis should ideally beundertaken at a very early stage of the product's life cycle, such as its design, or even conception. Advanced techniques, including sensitivity analyses and simulations, will typically be required to gain an adequate insight into the various processes and uncertainties, contained in any realistic life cycle model.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

<a href="/en/project/7E12084" target="_blank" >7E12084: Sustainable HydrothermaI Manufacturing of Nanomaterials</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2014

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Management Journal of Contemporary Management issues

ISSN

1331-0194

e-ISSN

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Volume of the periodical

19

Issue of the periodical within the volume

2

Country of publishing house

HR - CROATIA

Number of pages

14

Pages from-to

205-218

UT code for WoS article

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EID of the result in the Scopus database

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