International Journal of Industrial Engineering and Management

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Vol. 13 No. 4 (2022)
Original Research Article

Life Cycle Cost Analysis of Complex Systems: An Application to Shipbuilding

Armindo Frias
CINAV, Escola Naval, Instituto Universitário Militar, Almada, Portugal & Advance/CSG, ISEG-Universidade de Lisboa, Lisboa, Portugal
Bio
Pedro Borda Água
CINAV, Escola Naval, Instituto Universitário Militar, Almada, Portugal
Bio
Bárbara Miranda Lopes
CINAV, Escola Naval, Instituto Universitário Militar, Almada, Portugal
Bio
Pedro Silva Melo
CINAV, Escola Naval, Instituto Universitário Militar, Almada, Portugal
Bio

Published 2022-12-30

abstract views: 16 // FULL TEXT ARTICLE (PDF): 0


Keywords

  • Integrated logistics support (ILS),
  • Life cycle cost (LCC),
  • Maintenance support,
  • Shipbuilding,
  • System sustainability

How to Cite

Frias, A., Borda Água, P., Miranda Lopes, B., & Silva Melo, P. (2022). Life Cycle Cost Analysis of Complex Systems: An Application to Shipbuilding. International Journal of Industrial Engineering and Management, 13(4), 215–224. https://doi.org/10.24867/IJIEM-2022-4-314

Abstract

The use of integrated logistic support methods and the calculation of life cycle costs, provide a comprehensive view of the total value of a system over time. A project for the construction of two lifeboats is studied and a life cycle analysis is proposed, identifying and highlighting the system cost structure of each phase in time, from design to disposal. The results help evaluate the project sustainability and carry out its management, supporting decision-making in different phases, planning and controlling the operation and maintenance of the system, and obtaining the necessary resources.

 

Article history: Received (June 5, 2022); Revised (September 11, 2022); Accepted (September 14, 2022); Published online (September 19, 2022)  

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