A life cycle cost economics model for automation projects with uniformly varying operating costsThe described mathematical model calculates life-cycle costs for projects with operating costs increasing or decreasing linearly with time. The cost factors involved in the life-cycle cost are considered, and the errors resulting from the assumption of constant rather than uniformly varying operating costs are examined. Parameters in the study range from 2 to 30 years, for project life; 0 to 15% per year, for interest rate; and 5 to 90% of the initial operating cost, for the operating cost gradient. A numerical example is presented.
Document ID
19790029345
Acquisition Source
Legacy CDMS
Document Type
Conference Proceedings
Authors
Remer, D. S. (California Institute of Technology, Jet Propulsion Laboratory, Pasadena Calif., United States)
Date Acquired
August 9, 2013
Publication Date
January 1, 1977
Subject Category
Economics And Cost Analysis
Meeting Information
Meeting: In: NTC ''77; National Telecommunications Conference