Document Type
Conference Proceeding
Department
Engineering (HMC)
Publication Date
1977
Abstract
The 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.
Rights Information
© 1977 Institute of Electrical and Electronics Engineers
Terms of Use & License Information
Recommended Citation
Remer, D. S., "A Life Cycle Cost Economics Model for Automation Projects with Uniformly Varying Operating Costs," IEEE National Telecommunications Conference Record, 2, 32:4-1 (1977).
