Analysis of the influence of advanced materials for aerospace products R&amp;D and manufacturing cost

Shen, Anwei; Ji-lian, Guo; Wang, Z J

doi:10.1088/1757-899x/103/1/012004

Cited by 1 publication

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References 8 publications

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“…It requires corrections regarding total labor hours, raw material costs, development time, and wages [7]. Here, the industrial inflation factor is substituted as a correction factor to calculate how many times the estimation has parametrically deviated from the initial approximation [8,9]).…”

Section: Methodsmentioning

confidence: 99%

Parametric cost analysis and quantitative risk assessment for developing strategies to counter risks in the design and production of medical aircraft in the Russian federation

George

2021

IJET

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The objective is to identify potential risks in the aircraft development and to quantify the risks in the process, ultimately to find mitigating strategies. Monte-Carlo simulation for quantitative risk assessment and RAND DAPCA IV to calculate the cost are employed. These results are comprehended and collectively assessed with few assumptions. The assumptions are in due consideration to the local conditions, and thus they reflect in the approximations. These assumptions indicate the impact of the industrial and academic environment of the Russian Federation on the developmental cycle of the aircraft. The estimated financial risk for the development of an air medical ambulance for the Russian Federation is 29%, and the cost for unit production of the medical aircraft is nearly 19 million USD. The suggested strategies can reduce the financial risk to 22% and the cost for unit production of the medical aircraft to nearly 13 million USD.

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Section: Methodsmentioning

confidence: 99%

Parametric cost analysis and quantitative risk assessment for developing strategies to counter risks in the design and production of medical aircraft in the Russian federation

George

2021

IJET

View full text Add to dashboard Cite

show abstract

Analysis of the influence of advanced materials for aerospace products R&D and manufacturing cost

Cited by 1 publication

References 8 publications

Parametric cost analysis and quantitative risk assessment for developing strategies to counter risks in the design and production of medical aircraft in the Russian federation

Parametric cost analysis and quantitative risk assessment for developing strategies to counter risks in the design and production of medical aircraft in the Russian federation

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