Page 55 - Materials Chemistry, Second Edition
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50          3. Life cycle thinking tools: Life cycle assessment, life cycle costing and social life cycle assessment

                 enough information for an engineering bottoms-up estimation model. The model could refer
                 to the number of operating hours a system accumulates. Different models are appropriate for
                 each situation, for instance it is possible to use an operating hour driven model, or a periodic
                 inspection, or a periodic exercise driven model. For a system or subsystem trade study, it can
                 be appropriate to use a bottom-up rather than a top-down model. This means that a perfect
                 LCC methodology/model that fits all applications does not exist. In any case, the selected
                 model has to be documented properly, has to be verified and validated, and has to contain
                 all the elements that need to be covered (Greene and Shaw, 1990).


                 3.2.2 Inventory

                   Data collection is a significant, time-consuming phase. Data can be collected from different
                 sources, it is possible to collect data in the plant where the product is realized or the process
                 occurs, directly. However, sometimes, it is necessary to make use of data from technical re-
                 ports, from the scientific literature, or it can be necessary to do some estimations. The input
                 and output data have to be checked in terms of consistency, accuracy, validity, and complete-
                 ness to make sure that erroneous information is not present in the analysis or that required
                 information has not been neglected. This step is important in order to avoid misinformation
                 coming out of the analysis and to improve the credibility of the analysis.


                 3.2.3 Calculation of LCC results
                   After the collection of all the needed data, the implementation of the LCC model, and the
                 making of the sensitivity or risk assessment, the results of the LCC study can be calculated. If
                 there is the need to revise some methodological choices, it is possible to revise previous
                 phases, such as the purpose of the study, and adjust the study. In this step, it is necessary
                 to evaluate possible alternatives and identify the factors that significantly affect the LCC
                 study. During this step, the results of LCC analysis can be inflated or discounted.


                 3.2.4 Interpretation
                   The input parameters with significant risk and high potential for impacting cost need to be
                 varied over a reasonable range. It is possible to use the “best case,” the “worst case,” or some-
                 thing in between. LCC evaluations are estimations regarding the cost range, which can be
                 expressed in a statistical way, or through a model with a limited number of parameters.
                 The results of the LCC study have to be documented, along with the information to support
                 the analysis.


                                   3.3 Social life cycle assessment methodology


                   Social life cycle assessment (S-LCA) is a novel methodology to address the social impacts of
                 products and services along their life cycle. It is based on LCA methodology, with some
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