• DocumentCode
    2962905
  • Title

    The approaches to simplification of effectiveness-cost analysis of navy vessel life cycle and its application

  • Author

    Lv Jian-wei ; Wu Gang ; Xie Zong-ren

  • Author_Institution
    Dept. of Manage. Sci., Naval Univ. of Eng., Wuhan, China
  • fYear
    2013
  • fDate
    17-19 July 2013
  • Firstpage
    434
  • Lastpage
    440
  • Abstract
    The issue of navy vessel´s overall system and life-cycle effectiveness-cost analysis is presented. The life-cycle´s composition of navy vessel and the procedures of effectiveness-cost analysis are explored, and the difficulties of overall effectiveness-cost analysis aimed at whole life cycle are analyzed. On this basis, the simplification rules of effectiveness and cost are proposed respectively. The evaluation effects of various simplification approaches, and the phenomenon of local optimum and its expressions are discussed. Then some systematic conclusions are obtained. Finally, an effectiveness-cost example of navy vessel´s local system is given to verify the simplification approaches´ feasibility and rationality. The ideas, approaches, and conclusions in the paper can be used as the theory foundation for the analysts or decision-makers to make the true conclusion and decision, and also can be the reference for similar research.
  • Keywords
    cost-benefit analysis; decision making; life cycle costing; marine vehicles; naval engineering; optimisation; decision making; life-cycle composition; life-cycle effectiveness-cost analysis; local optimum; navy vessel life cycle; navy vessel overall system; simplification rules; Analytical models; Educational institutions; Equations; Indexes; Mathematical model; Optimization; Systematics; effectiveness-cost analysis; life cycle; navy vessel; rules; simplification;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering (ICMSE), 2013 International Conference on
  • Conference_Location
    Harbin
  • ISSN
    2155-1847
  • Print_ISBN
    978-1-4799-0473-0
  • Type

    conf

  • DOI
    10.1109/ICMSE.2013.6586317
  • Filename
    6586317