Abstract

Potential clients are more willing to use both life cycle cost (LCC) and reliability data as the criteria for selecting the supplier in order to trade off the product reliability and LCC. But less adoption of LCC in manufacturing emerged during the recent decades. This paper tend to explore the problems of LCC application based on a brief but representative literature review, and try to interpret the problems to three essential issues related to LCC information barriers in a design perspective. A design-oriented LCC database framework according to partnership theory is proposed and its feasibility is discussed based on an empirical case study. The database should be structured in reconciling with downstream cost management status thus the acceptable and available data resources can be obtained effectively. The existing LCC calculation model appreciated by owner should be reconciled as basis or benchmark for database sustainable development.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.