Analyses for durability and system design lifetime :
General Material Designation
[Book]
Other Title Information
a multidisciplinary approach /
First Statement of Responsibility
Joseph H. Saleh.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York, NY :
Name of Publisher, Distributor, etc.
Cambridge University Press,
Date of Publication, Distribution, etc.
2008.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xiii, 201 pages :
Other Physical Details
illustrations ;
Dimensions
27 cm.
SERIES
Series Title
Cambridge aerospace series ;
Volume Designation
23
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references and index.
CONTENTS NOTE
Text of Note
Introduction : on time -- To reduce or extend durability? A qualitative discussion of issues at stake -- A brief history of economic thought on durability -- Analysis of marginal cost of durability and system cost per day -- Flawed metrics : system cost per day and cost per payload -- Durability choice and optimal design lifetime for complex engineering systems.
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SUMMARY OR ABSTRACT
Text of Note
"An important issue in engineering design is a system's design lifetime. Economists study durability choice problems for consumer goods, but seldom address lifetime problem(s) of complex engineering systems. The issues for engineering systems are complex and multidisciplinary and require an understanding of the "technicalities of durability" and the economic implications of the marginal cost of durability and of value maximization, commonly the design lifetime for infrastructure is set between 30 and 70 years, with limited rationale. Satellite lifetimes are also assigned with limited analysis. This book provides a systemic Qualitative and Quantitative approach to these problems, addressing first the technicality of durability, second the marginal cost of durability, and third the durability choice problem for complex engineering systems with network externalities (competition and market uncertainty) and obsolescence effects (technology evolution). Because the analyses are system-specific, a satellite example is used to illustrate the essence and provide a quantitative application of these analyses."--Jacket.