Date of Award

Fall 2001

Document Type

Thesis

Degree Name

Master of Science (MS)

Department

Mechanical & Aerospace Engineering

Program/Concentration

Mechanical Engineering

Committee Director

Han P. Bao

Committee Member

Resit Unal

Committee Member

Sebastian Y. Bawab

Call Number for Print

Special Collections; LD4331.E56 A46 200

Abstract

The subject of this thesis is a Life Cycle Cost (LCC) model that takes into consideration the uncertainty of equipment failure rate and input data. The outcome of LCC depends on numerous estimates, forecasts, assumptions, and approximations of real-life data. Each of these factors has the potential to introduce error into the results. The study focuses upon the database generated for equipment failure rates data developed from historical database based on Weibull distribution parameters. The model provides a method to simulate real-world project life cycle.

Rights

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DOI

10.25777/g744-2x36

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