A Multi-Objective Design-Optimization Model with Total Life Cycle Consideration

Paper #:
  • 982167

Published:
  • 1998-11-30
Citation:
Goel, P. and Singh, N., "A Multi-Objective Design-Optimization Model with Total Life Cycle Consideration," SAE Technical Paper 982167, 1998, https://doi.org/10.4271/982167.
Pages:
9
Abstract:
This paper introduces the Life Cycle Cost (LCC) optimization model, where LCC is expressed as a function of controllable design parameters. The LCC model is enhanced with the novel concept of considering the target value of the functional characteristic as a decision variable so that it is optimized on the basis of life-cycle considerations. Most of the LCC model in literature considers only one objective at a time. This paper proposes a comprehensive model, which is capable of considering multiple objectives simultaneously. This model, is solved with the help of Goal Programming.
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