Cost-benefit analysis

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to determine the profitability of a product/object

Activities

  • Activity 4: Assessing and selecting the solution concept

Description

Economic efficiency calculation in the form of a cost-benefit analysis of a product/object as an entire system , whereby the system boundaries can range from creation to use during the service life until after the end (scrappage of the product/object).

Sources

  • VDI 2221 (1993)
  • Patzak, G.: Systemtechnik. Berhn: Springer-Verlag 1982