Sensitivity analysis of fuzzy activity-based life cycle costing
A sensitivity analysis is typically conducted to identify how sensitive the output is to changes in the input. In this paper, the use of sensitivity analysis in the fuzzy activity based life cycle costing (LCC) is shown. LCC is the most frequently used economic model for decision making that conside...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2018
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| Online Access: | https://umpir.ump.edu.my/id/eprint/29286/ |
| _version_ | 1848827273553117184 |
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| author | Mulubrhan, Freselam Ainul Akmar, Mokhtar Masdi, Muhammad |
| author_facet | Mulubrhan, Freselam Ainul Akmar, Mokhtar Masdi, Muhammad |
| author_sort | Mulubrhan, Freselam |
| building | UMP Institutional Repository |
| collection | Online Access |
| description | A sensitivity analysis is typically conducted to identify how sensitive the output is to changes in the input. In this paper, the use of sensitivity analysis in the fuzzy activity based life cycle costing (LCC) is shown. LCC is the most frequently used economic model for decision making that considers all costs in the life of a system or equipment. The sensitivity analysis is done by varying the interest rate and time 15% and 45%, respectively, to the left and right, and varying 25% of the maintenance and operation cost. It is found that the operation cost and the interest rate give a high impact on the final output of the LCC. A case study of pumps is used in this study. |
| first_indexed | 2025-11-15T03:58:06Z |
| format | Article |
| id | ump-29286 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T03:58:06Z |
| publishDate | 2018 |
| publisher | EDP Sciences |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-292862025-09-29T00:42:09Z https://umpir.ump.edu.my/id/eprint/29286/ Sensitivity analysis of fuzzy activity-based life cycle costing Mulubrhan, Freselam Ainul Akmar, Mokhtar Masdi, Muhammad HD28 Management. Industrial Management A sensitivity analysis is typically conducted to identify how sensitive the output is to changes in the input. In this paper, the use of sensitivity analysis in the fuzzy activity based life cycle costing (LCC) is shown. LCC is the most frequently used economic model for decision making that considers all costs in the life of a system or equipment. The sensitivity analysis is done by varying the interest rate and time 15% and 45%, respectively, to the left and right, and varying 25% of the maintenance and operation cost. It is found that the operation cost and the interest rate give a high impact on the final output of the LCC. A case study of pumps is used in this study. EDP Sciences 2018 Article PeerReviewed pdf en cc_by_4 https://umpir.ump.edu.my/id/eprint/29286/1/matecconf_ses2018_05002.pdf Mulubrhan, Freselam and Ainul Akmar, Mokhtar and Masdi, Muhammad (2018) Sensitivity analysis of fuzzy activity-based life cycle costing. MATEC Web of Conferences, 225. ISSN 2261-236X. (Published) https://doi.org/10.1051/matecconf/201822505002 https://doi.org/10.1051/matecconf/201822505002 https://doi.org/10.1051/matecconf/201822505002 |
| spellingShingle | HD28 Management. Industrial Management Mulubrhan, Freselam Ainul Akmar, Mokhtar Masdi, Muhammad Sensitivity analysis of fuzzy activity-based life cycle costing |
| title | Sensitivity analysis of fuzzy activity-based life cycle costing |
| title_full | Sensitivity analysis of fuzzy activity-based life cycle costing |
| title_fullStr | Sensitivity analysis of fuzzy activity-based life cycle costing |
| title_full_unstemmed | Sensitivity analysis of fuzzy activity-based life cycle costing |
| title_short | Sensitivity analysis of fuzzy activity-based life cycle costing |
| title_sort | sensitivity analysis of fuzzy activity-based life cycle costing |
| topic | HD28 Management. Industrial Management |
| url | https://umpir.ump.edu.my/id/eprint/29286/ https://umpir.ump.edu.my/id/eprint/29286/ https://umpir.ump.edu.my/id/eprint/29286/ |