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A Study on the Optimal LCC using AMSAA Model  

Kim, Jun-Hong (Dept. of Industrial Information Engineering, The university of Suwon)
Publication Information
Journal of Korean Society of Industrial and Systems Engineering / v.29, no.3, 2006 , pp. 135-142 More about this Journal
Abstract
Engineers are always concerned with life cycle costs for making important economic decisions through engineering action like reliability of products. Decisions during the reliability growth development of products involve trade-offs between invested costs and its returns. In order to find minimal LCC containing the reliability improvement cost, production cost, repair and replacement costs, and holding cost of spare parts for failure items we suggest in this paper relationship between development cost and sustaining cost in values of growth parameter $\beta$ of AMSAA model. This model is applied to the reliability growth program based on AMSAA model during R&D phase, the warranty activities of items and the block replacement policy for maintenance of items in avionic equipment.
Keywords
Reliability growth management; Life cycle cost; Effectiveness factor; Basic reliability tasks effectiveness; AMSAA model; Maintenance cost;
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