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
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;
Conference_Titel :
Management Science and Engineering (ICMSE), 2013 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4799-0473-0
DOI :
10.1109/ICMSE.2013.6586317