Modelling the life cycle cost of aero-engine maintenance
Modelling the life cycle cost of aero-engine maintenance
This paper presents an approach of modelling the maintenance Life Cycle Cost (LCC) of an aero-engine which links the capabilities of hierarchical modelling and discrete-event simulation (DES) tools. It follows up on work previously done on a component level hierarchical cost estimation model. It is concluded that, as the calculation of a LCC involves a highly diverse set of representations and processes, it is undesirable to use a single software tool to undertake this task. This work seeks to demonstrate how different modelling paradigms should be used in tandem to produce an elegant solution. The individual parts of the model and the results generated are presented and discussed. Essentially, the approach shows how a design parameter can be linked to the resultant LCC to help form cause and effect relationships.
life cycle cost, cost modelling, cost engineering, aerospace engines, gas turbines
1848009712
233-240
Wong, James S.
16d219bb-cf38-4a5b-bd8a-8a854bec3de3
Scanlan, James P.
7ad738f2-d732-423f-a322-31fa4695529d
Eres, Murat H.
b22e2d66-55c4-46d2-8ec3-46317033de43
2008
Wong, James S.
16d219bb-cf38-4a5b-bd8a-8a854bec3de3
Scanlan, James P.
7ad738f2-d732-423f-a322-31fa4695529d
Eres, Murat H.
b22e2d66-55c4-46d2-8ec3-46317033de43
Wong, James S., Scanlan, James P. and Eres, Murat H.
(2008)
Modelling the life cycle cost of aero-engine maintenance.
Curran, Richard, Chou, Shuo-Yan and Trappey, Amy
(eds.)
In Collaborative Product and Service Life Cycle Management for a Sustainable World: Proceedings of the 15th ISPE International Conference on Concurrent Engineering (CE2008).
Springer.
.
(doi:10.1007/978-1-84800-972-1).
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Conference or Workshop Item
(Paper)
Abstract
This paper presents an approach of modelling the maintenance Life Cycle Cost (LCC) of an aero-engine which links the capabilities of hierarchical modelling and discrete-event simulation (DES) tools. It follows up on work previously done on a component level hierarchical cost estimation model. It is concluded that, as the calculation of a LCC involves a highly diverse set of representations and processes, it is undesirable to use a single software tool to undertake this task. This work seeks to demonstrate how different modelling paradigms should be used in tandem to produce an elegant solution. The individual parts of the model and the results generated are presented and discussed. Essentially, the approach shows how a design parameter can be linked to the resultant LCC to help form cause and effect relationships.
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Published date: 2008
Venue - Dates:
15th ISPE International Conference on Concurrent Engineering 2008 (CE2008), Belfast, Northern Ireland, 2008-08-18 - 2008-08-22
Keywords:
life cycle cost, cost modelling, cost engineering, aerospace engines, gas turbines
Identifiers
Local EPrints ID: 65636
URI: http://eprints.soton.ac.uk/id/eprint/65636
ISBN: 1848009712
PURE UUID: 6f325340-ff68-4813-a4ab-81c8fe03ad8c
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Date deposited: 02 Mar 2009
Last modified: 14 Mar 2024 02:47
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Contributors
Author:
James S. Wong
Editor:
Richard Curran
Editor:
Shuo-Yan Chou
Editor:
Amy Trappey
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