Predicting the whole-life cost of a product at the conceptual design stage

A through-life costing methodology for use in product–service-systems

“…With the asset acting as the centre point, a one-off appraisal of the disbursements associated with its acquisition and existence over a time span is carried out (Dhillon, 2010). TLC often involves the designer forecasting how much alternative product concepts should cost as a direct consequence of their features, focussing upon those related to inherent reliability (Newnes et al, 2008). A common assumption in TLC is that the distinction between the Original Equipment Manufacturer (OEM) and its customer's responsibilities for product acquisition and ownership is clear-cut and therefore so are the cost items of concern (Chen and Keys, 2009).…”

Assessment of recycling costs in product development stage

“…Procena pogodnosti, odnosno troškova reciklaže u fazi razvoja novog proizvoda, može da se vrši u okviru procene troškova svih faza životnog ciklusa proizvoda [7,8,9], ili u okviru procene troškova pojedinih faza životnog ciklusa proizvoda [10,11,12].…”

Engineering design: perspectives, challenges, and recent advances

“…Cost engineering is concerned with cost estimation, cost control, business planning and management, profitability analysis, cost risk analysis, and project management, planning, and scheduling (Roy 2008). The Special Issue on cost engineering covered a wide range of topics that included modelling of whole-life cost prediction (Newnes et al 2008), a framework for cost-based producibility assessment (Elgh and Cederfeldt 2008), cognitive actions between experienced designers and experienced cost engineers (Houseman et al 2008), incorporating cost analysis tools within a design and engineering architecture (van der Laan and van Tooren 2008), and application of cost engineering methods for product development (Dimitrellou et al 2008, Mauchand et al 2008. Despite new advances in this area, more attention is needed to understand the uncertainties and cost risks involved in cost estimation (Roy 2008).…”