Affiliation:
1. Universiti Teknologi Malaysia
Abstract
In competitive environment, manufacturers have to come out with innovative solution to market their product including by implementing life cycle engineering concept. Life cycle costing (LCC) is one of the aspects that need to be considered when adapting this concept. In addition, costing is one of the important aspects that need to consider carefully. In order to perform LCC analysis, one of the important steps is estimating costs. Cost estimation model should not only consider pre production and production cost design, manufacturing, assembly but also post production customer use and end of life. Development of cost estimation model or methodology is needed to simplify the LCC analysis so that it able to produce result in short time and more accurate. This paper has review on LCC, cost estimation techniques and several developed cost estimation model in order to determine research gap and research direction on developing a methodology to assessing LCC of membrane system for wastewater filtration.
Publisher
Trans Tech Publications, Ltd.
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