TY  - CONF
A1  - Mulubrhan, F.
A1  - Mokhtar, A.A.
A1  - Muhammad, M.
UR  - https://www.scopus.com/inward/record.uri?eid=2-s2.0-85056767231&doi=10.1051%2fmatecconf%2f201822505002&partnerID=40&md5=3162d776bd571a0dc86cdc14f0801d51
VL  - 225
Y1  - 2018///
PB  - EDP Sciences
SN  - 2261236X
N2  - A sensitivity analysis is typically conducted to identify how sensitive the output is to changes in the input. In this paper, the use of sensitivity analysis in the fuzzy activity based life cycle costing (LCC) is shown. LCC is the most frequently used economic model for decision making that considers all costs in the life of a system or equipment. The sensitivity analysis is done by varying the interest rate and time 15 and 45, respectively, to the left and right, and varying 25 of the maintenance and operation cost. It is found that the operation cost and the interest rate give a high impact on the final output of the LCC. A case study of pumps is used in this study. © 2018 The Authors, published by EDP Sciences.
N1  - cited By 0; Conference of 2018 UTP-UMP-VIT Symposium on Energy Systems, SES 2018 ; Conference Date: 18 September 2018 Through 19 September 2018; Conference Code:141921
ID  - scholars9785
TI  - Sensitivity Analysis of Fuzzy Activity-Based Life Cycle Costing
KW  - Cost benefit analysis; Costs; Decision making; Life cycle; Operating costs
KW  -  Economic modeling; Fuzzy activity; High impact; Interest rates; Life-cycle costing; Maintenance and operation; Operation cost
KW  -  Sensitivity analysis
AV  - none
ER  -