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Accounting for Cost of Engineering Design
- Life-cycle optimization should include trading design costs vs.
other costs
- Cost of CAD tools
- Cost of engineers
- Cost of prototyping
- Dysfunctional organizations hinder proper tradeoffs by not
accounting for costs properly
- Inability to trade capital software costs against engineering
time (e.g., $200 - $1000 limit on software without
1 year wait)
Organizational Challenge:
- Properly account for development costs to appropriately use
CAD & simulation