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The disadvantage of life cycle costing
Life cycle cost
Life cycle cost
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2. Life Cycle Inventory:
Introduction: Every new product or development made by man has an impact on environment. Growing environmental concerns has made it necessary to quantitatively study these factors. Life cycle assessment (LCA) is one such tool devised for calculating the overall environmental impact of a product or service. It includes defining aim and scope of assessment, inventory analysis, impact assessment and deriving conclusions. Life cycle inventory (LCI) is a part of LCA and involves direct collection of input output data from the system. Quantities like material/resource consumed, energy utilised fall under inputs while energy and by-products released are considered outputs. Life cycle impact analysis (LCIA) consists of derived conclusions from study of life cycle inventory. E.g. LCI for laptop would involve resources consumed and by products emitted during recycling. LCIA would define the effect on global warming due to these by products.
Scope of study: A company catering department has decided to replace expanded polystyrene (EPS) cups with paper cups. This report compares both the materials in terms of their effect on environment. As paper by itself cannot be used to hold hot drinks, it is considered that paper cups are made of either PE coated or wax coated paper. The cups are compared without lid, assuming the lid if used, be made of polystyrene. Performing actual survey or experimentation work was not possible, the study was conducted using published reports/thesis as reference.
Life cycle inventory:
Weight per cup: comparing values below, the weight of paper cups is twice the weight of PS cups for the same volume.
16-oz cups used for hot beverages Weight (grams)
Expanded polystyrene (EPS) foam 4.7...
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...dical applications, Journal of Manufacturing Processes, Volume 13, Issue 2, August 2011, Pages 160-170, ISSN 1526-6125, http://dx.doi.org/10.1016/j.jmapro.2011.01.004.
Michael S. Kim, A. R. (2008). Rapid Prototyping: A New Tool in Understanding and Treating Structural Heart Disease. New Drugs and Technologies:, 117: 2388-2394.
Yih-Lin Cheng, Jia-Hung Lai, Fabrication of meso-scale underwater vehicle components by rapid prototyping process, Journal of Materials Processing Technology, Volume 201, Issues 1–3, 26 May 2008, Pages 640-644, ISSN 0924-0136, http://dx.doi.org/10.1016/j.jmatprotec.2007.11.238.
Yong Chen, Chi Zhou and Jingyuan Lao, A layerless additive manufacturing process based on CNC accumulation, Rapid Prototyping Journal Volume 13, Issue 2, November 2010, Pages 218-27, [ISSN 1355-2546], journal is available at www.emeraldinsight.com/1355-2546.htm
The possibilities 3D printing can achieve are countless. This might be the most controversial and impactful technology of the future, as Hod Lipson quotes again, “When it costs you the same amount of manufacturing effort to make advanced robotic parts as it does to manufacture a paperweight, that really changes things in a profound way”
(1) The development of carbon-embedded plastics, otherwise called “composits,” is an important new technology because (2) it holds the key for new aircraft and spacecraft designs. This is so because (3) these composits are not only stronger than steel but lighter than aluminum.
Analyse the relationship between the product life cycle and cash flow. The product life cycle is split into 5 stages. * Research and development * Introduction * Growth * Maturity / Saturation * Decline The product life cycle is the model that represents a sales pattern.
Stasinopoulos, Peter, Paul Compston, Barry Newell, and Haley M. Jones. "A System Dynamics Approach in LCA to Account for Temporal Effects—a Consequential Energy LCI of Car Body-in-whites." The International Journal Of Life Cycle Assessment 17 (2012): 199-207. Springer Online Journals Complete. Web. 21 Apr. 2012. .
People nowadays might get the impression that the 3D printing technology is a relatively new concept in our daily life. However, 3D printing technology is invented and utilized in many fields such as creating human organs in healthcare, building architectural models in engineering, even forming components that can be used in aeronautic fields long ago. Since Charles W. Hull has invented the 3D printing technology in the 1980s, scientists, engineers, and even normal people were and still are trying to discover more possibility of the usages and changes on this technology. Same as every invention of the new technology, with its undeniable beneficial effects, 3D printing also faces lots of limitations
Development of the iPod: The iPod is a portable digital music player that holds up to ten thousand songs in a small, hand-held device that is lighter and thinner than two CD cases. iPod features a touch-sensitive navigational wheel and buttons, and an intuitive interface designed for one-handed operation. Songs are stored in several digital audio formats, delivering the highest sound quality. The iPod was born out of the idea dreamed up by Tony Fadell, an independent contractor and hardware expert, to take an MP3 player, build a Napster music sale service to complement it, and build a company around it. Fadell shopped the idea around to several companies and was turned away by all of them, except Apple. Apple hired Fadell in early 2001 and assigned him a team of about 30 people to develop the iPod. Fadell predicted that the iPod would remold Apple and that 10 years from now it would be a music business, rather than a computer business.
The Macbook Pro Retina is one of the most popular technological products in the current market. The Macbook Pro is marketed as the greenest notebook by Apple but there are elements of the product that are not environmentally sound. This is proven with the study from the process from cradle to grave of the new Macbook Pro Retina. The environmental impact of the Macbook Pro can be measured by the lack of recyclability in the creation stage, the level of emissions in the transportation stage, the facilitation of disposal by Apple and local governments, and the economic viability of the MacBook Pro.
Product development is a strategy of growth that involves new product in market or goods and services. In this presentation of Product Development to determine the practice of Lexington Medical Center, Columbia South Carolina. Lexington Medical Center is a teaching hospital and also have a residency program. LMC is a 414 bed medical complex, 600 physicians, and 5,900 employees. The product development management system I have chosen is Levemir Flex-touch insulin pen.
In a relatively short period of time, carbon fiber revolutionized the manufacturing industry due to its low weight and superb structural properties. Carbon fiber is a composite material. Composite carbon fiber is composed of a woven carbon fiber which reinforces a polymer resin (usually epoxy) [3]. The carbon fibers themselves are polymers of graphite (which has a hexagonal sheet structure) rolled into a thin filament [2]. The tensile strength (resistance to tearing from being pulled) and Young’s Modulus (force required to stretch or compress a material) are extremely high in relation to the fiber’s weight. The internal strength of carbon fiber lies in the structure of the weave and the impact resistance comes from the hard plastic polymer shell. This paper will focus on the production process of Polyacrylonitrile (PAN) carbon fiber, the applications of carbon fiber in industry, and the future applications of this revolutionary
The product I have chosen is Pepsi, which is a carbonated soft drink produced and manufactured by PepsiCo. It is one of the world's leading food and beverage companies with over billions of dollars in profit.
Advanced CNC fabrication tools and 3D printing machines have made notable improvements in the construction industry. The benefits of this new approach have been developed over many years to increase...
Adizes, I. (2004, Mar/Apr). Embrace One Problem After Another. Industrial Management, 46(2), pp. 18; pp.7.
The main advantage of 3D printing is that a low number of goods can be produced at a relatively inexpensive cost, as compared to traditional manufacturing, which typically requires higher volume to lower costs (Grynol, 2013). 3D printing can skip many traditional manufacturing steps and go directly from an idea to a fin...
Some people feel that marketing is nothing but placing an advertisement that sells a product or service. It is far more complicated than that. It requires many tools, methods, and concepts in order to ensure the product or service success. Marketing requires much forethought and strategies. Marketing needs to be handled in a methodical and organized fashion, otherwise risk for failure is inevitable. Many feel that competition is bad for marketing, yet it is actually a great tool in which marketers can adjust their product or service offerings. Even though healthcare mainly consists of services, these services still need to be sold to the public. This essay is going to demonstrate all of the different tools, techniques, methods, and concepts
The technology and complex foundation of additive manufacturing (AM) or more commonly known as 3D printing is still being widely explored through trial and error processes to improve this innovative field. Consumer goods such as clothes, food, decoration, household objects and tools, fragrance and so much more has good prospect within the spectrum of AM applications. The 3D printing machine enable industrial designers, mechanical engineer, packaging designers, graphic artists, marketing staff, fashion designers, interior designers and the like to create prototypes efficiently. How is timing more efficient with AM? Time to market shrink significantly as the 3D printer help designers and engineer bring their creation to life swiftly. All matters of aesthetics and functionality can be seen and reformed for optimal quality with AM.