Time value of life cycle cost for torpedo weapon system

Qing Wei Liang, Bao Wei Song, Jun Li

Research output: Contribution to journalArticlepeer-review

Abstract

Life cycle cost for torpedo weapon system is lasted for a long length of time, so the time value of the cost must be taken into account. Adopts triangle fuzzy number to show the interest rate and inflation rate. The convert rate from different year to benchmark year can be gained based on level sets and optimistic index, and then the cost of the torpedo weapon system in different year can be converted to the same year. This method can grasp the yardstick of how to treat the fuzzy factors and can reduce the influence of human beings.

Original languageEnglish
Pages (from-to)2700-2702
Number of pages3
JournalXitong Fangzhen Xuebao / Journal of System Simulation
Volume16
Issue number12
StatePublished - Dec 2004

Keywords

  • Fuzzy character
  • Fuzzy number
  • Life cycle cost
  • The time value of cost
  • Torpedo weapon system

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