A generic life cycle cost modeling approach for aircraft system

Yuchun Xu*, Jian Wang, Xincai Tan, Ricky Curran, Srinivasan Raghunathan, John Doherty, Dave Gore

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference publication

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 languageEnglish
Title of host publicationCollaborative Product and Service Life Cycle Management for a Sustainable World - Proceedings of the 15th ISPE International Conference on Concurrent Engineering, CE 2008
Pages251-258
Number of pages8
Publication statusPublished - 1 Dec 2008
Event15th ISPE International Conference on Concurrent Engineering, CE 2008 - Belfast, United Kingdom
Duration: 18 Aug 200822 Aug 2008

Conference

Conference15th ISPE International Conference on Concurrent Engineering, CE 2008
CountryUnited Kingdom
CityBelfast
Period18/08/0822/08/08

Keywords

  • Cost engineering
  • Life cycle cost
  • Object-oriented approach

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  • Cite this

    Xu, Y., Wang, J., Tan, X., Curran, R., Raghunathan, S., Doherty, J., & Gore, D. (2008). A generic life cycle cost modeling approach for aircraft system. In Collaborative Product and Service Life Cycle Management for a Sustainable World - Proceedings of the 15th ISPE International Conference on Concurrent Engineering, CE 2008 (pp. 251-258)