Life Cycle Cost Estimation using a Modeling Tool for the Design of Control Systems

Life cycle design requires a good design method to achieve less environmental impacts and life cycle costs. This paper introduces a theory of product life cycle dynamics in analogy of control theory. The paper presents a life cycle model described with a block diagram, which is the standard representation of control systems. The model can simulate the life cycle costs in a market, where service costs are varied regarding the age of products produced at different time points.

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