Relex LCC, Life Cycle Cost Analysis

Life Cycle Cost (LCC) analysis provides methodology for computing the cost of your product over its lifetime. You may include many different types of costs such as design, production, warranty, repair, and disposal. By factoring in frequently overlooked items, such as cost of part failures and repairs, life cycle cost tools endeavour to provide a picture of true cost over the life of your product. Relex ® Life Cycle Cost is a full life cycle cost analysis package which supports parametric, analogy, bottom-up, and direct cost analysis types. Calculated cost information includes total lifetime cost and can also include sensitivity calculations and Net Present Value (NPV) computations.

 

Complete customisation. Using Relex Life Cycle Cost's Cost Breakdown Structure (CBS), you may take any cost into account in your analysis. You can use the built-in equation editor to assign calculation properties to elements in your CBS tree. Relex Life Cycle Cost is supplied with pre-built cost breakdown structure templates based on industry standards. You can choose to start with one of these and modify it to fit your needs, or you can create a completely unique cost breakdown structure based on your needs.

 

Calculate lifetime cost. Relex Life Cycle Cost computes overall system cost as well as line item costs using your custom defined cost equations and variables. Relex Life Cycle Cost can also perform sensitivity and Net Present Value analyses by factoring in parameter variability and inflation rates. By allowing for alternative-based cost variables, Relex Life Cycle Cost allows you to compare system alternatives based on true cost metrics.

 

The Relex Architect platform. Relex Life Cycle Cost includes all the advanced features of Relex Architect's robust, proven framework. A rich user interface is coupled with innovative features such as the invaluable Project Navigator for centralised Project control, the Relex Bar for customised one-click operations, the Task List for quick access to commonly used tasks, and data filtering for ultimate user control of data views. Comprehensive reporting capabilities include easy-to-use Report and Graph Wizards for complete user customisation of output reports and graphs. Relex's Import/Export Wizard enables you to transfer your Project data to and from Relex in a variety of popular formats, including Microsoft Excel ® and Access ®. Additionally, Relex Architect modules are built on a common database, for optimal product integration and data sharing capabilities.

 

Built for the enterprise. Relex's Enterprise Edition supports the high performance, scalable needs of large user bases. Features such as support for Microsoft SQL Server ® and Oracle ® databases, permission based security, user and group roles, front end web interfaces, Relex Dashboard for a high-level overview of system metrics, audit trails for tracking data modifications, and customisable data connectors insure that Relex meets the needs of full scale, enterprise-wide teams.

 

Total cost analysis. Relex Life Cycle Cost relies on a set of customisable variables which are used in your defined equations to compute overall cost. Designed around a flexible format, Relex Life Cycle Cost allows for total flexibility in variables and cost equation definition. You can define your variables as constants, or you can define variables as changing over time, over design alternatives, or over both. Life cycle cost variables can also be linked to data from your other Relex Architect modules for expanded analysis capabilities. For example, you can factor in failure and repair rates from Relex Reliability Prediction and Relex RBD (Reliability Block Diagram) to obtain more accurate accounting of system failure and repair costs in total product lifetime cost.

 

FEATURES & BENEFITS

 

Cost or work breakdown structure (CBS/WBS) Inflation factors Net present value (NPV) calculations Sensitivity analysis Trade-off studies Cost analysis Built-in equation editor

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TECHNICAL HIGHLIGHTS

 

Supported Calculations Cost NPV (Net Present Value) Cost percentages NPV percentages Sensitivity analysis Supplied Cost Breakdown Structure Templates Automotive purchasing Battery storage system Manufacturing equipment Constant Variables Days of operation Months in year Transportation cost Unit price Utility per day Warehouse cost Consumables Consumable supplies Electricity Maintenance contracts Salaries Transportation Transportation allowance Miles per year

Varies by Alternative Variables CM (Corrective Maintenance) cost Inspection testing Labour cost Manufacturing cost Material cost Material handling MTBF (Mean Time Between Failure) Operating cost Packaging PM (Preventive Maintenance) cost PM (Preventive Maintenance) interval Production per year Quality control Insurance per year Miles between tune-ups Miles per gallon Purchase cost Salvage value Varies over Time Interval Variables Batteries Battery replacement Facilities Financing Load interface Monitors Power conversion Project management Start up Taxes Gas price

Varies by Alternative and Time Interval Variables Purchase price Salvage value Cost per maintenance Initial cost Insurance cost Analysis Outputs Total system cost Cost per assembly Percentage costs Sensitivity results NPV results Data Linkages OpSim RBD Reliability Prediction Import/Export Formats Microsoft Excel Microsoft Access Text Graph Types Area Bar Line Pareto Pie Scatter Stacking bar

Report Formats Microsoft Word Microsoft Excel Adobe PDF RTF HTML Databases Supported Microsoft SQL Server Oracle Microsoft SQL Server Desktop Engine (MSDE) Microsoft Jet Engine (Access compatible) Enterprise Modules Administrator Audit trail Dashboard Available Services Software module training Theory training Professional consulting services Web-based RETAIN (online training) sessions Expert technical support Online customer support centre

 

 

 

 

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