Abstract
Life cycle cost (LCC) is truly representative to the total cost of an aircraft through its life cycle. It is usually used for estimating the cost-effectiveness of an aircraft design. For enabling LCC estimation at early stage, A LCC model have been being developed for aircraft wing under the umbrella of Integrated Wing Advanced Technology Validation Programme in United Kingdom. Object-oriented and hierarchical approaches are used for LCC modelling. The cost estimation is based on bottom-up approach. The developed LCC model is generic, and can be customized and applied for estimating the costs of other aircraft systems.
Original language | English |
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Title of host publication | Collaborative Product and Service Life Cycle Management for a Sustainable World - Proceedings of the 15th ISPE International Conference on Concurrent Engineering, CE 2008 |
Pages | 251-258 |
Number of pages | 8 |
Publication status | Published - 1 Dec 2008 |
Event | 15th ISPE International Conference on Concurrent Engineering, CE 2008 - Belfast, United Kingdom Duration: 18 Aug 2008 → 22 Aug 2008 |
Conference
Conference | 15th ISPE International Conference on Concurrent Engineering, CE 2008 |
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Country/Territory | United Kingdom |
City | Belfast |
Period | 18/08/08 → 22/08/08 |
Keywords
- Cost engineering
- Life cycle cost
- Object-oriented approach