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
Recommended Citation
AL-Otaibi, Hamoud R..
"Determination of Life Cycle Cost Under Uncertainty"
(2001). Master of Science (MS), Thesis, Mechanical & Aerospace Engineering, Old Dominion University, DOI: 10.25777/g744-2x36
https://digitalcommons.odu.edu/mae_etds/420