Volume 9: 23rd International Conference on Design Theory and Methodology; 16th Design for Manufacturing and the Life Cycle Conf 2011
DOI: 10.1115/detc2011-47863
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Modeling Uncertainty in Through-Life Costing at the Early Design Stages: I

Abstract: Estimating the Through Life Cost (TLC) of a product or service is one of the major challenges for industry. If the products involved are complex and are long-life this increases the challenge. Although industry attempts to estimate the TLC of such products as early as possible, lack of information makes it very difficult. To assist in this process uncertainty within the estimate and the estimation process is normally considered. The research presented in this paper proposes an approach for the consideration an… Show more

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Cited by 3 publications
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“…The difference between the information required to accomplish a task and the information currently residing with the actor charged with performing it Suss and Thompson (2012) 4 Lack of definition, lack of knowledge and lack of trust in knowledge Wynn et al 2011; Afshari and Peng (2015b) In the PD research, uncertainties are classified with different perspectives. One of the common classifications is to divide uncertainty into Aleatoric and Epistemic (Engelhardt et al, 2011;Saravi et al, 2011). The aleatoric uncertainty stems from the stochastic effects such as the random noise and measurement error.…”
Section: Effects Of Uncertainties On Product and System Designmentioning
confidence: 99%
“…The difference between the information required to accomplish a task and the information currently residing with the actor charged with performing it Suss and Thompson (2012) 4 Lack of definition, lack of knowledge and lack of trust in knowledge Wynn et al 2011; Afshari and Peng (2015b) In the PD research, uncertainties are classified with different perspectives. One of the common classifications is to divide uncertainty into Aleatoric and Epistemic (Engelhardt et al, 2011;Saravi et al, 2011). The aleatoric uncertainty stems from the stochastic effects such as the random noise and measurement error.…”
Section: Effects Of Uncertainties On Product and System Designmentioning
confidence: 99%
“…In contrast to determinism, uncertainty may indicate probability, likelihood, or frequency of occurrence [4]. In one classification, uncertainty can be considered aleatory and epistemic [5]. Aleatory uncertainty is caused by intrinsic variability, whereas epistemic uncertainty results from a lack of knowledge [6].…”
Section: Introductionmentioning
confidence: 99%