TOPIC DESCRIPTION PAGES NO. 2 INTRODUCTION 2 3 EXECUTIVE SUMMERY 2 3.1 BRIEF RECAPITULATION OF THE PROBLEM SITUATION 2 3.2 DEFINITION OF THE SCOPE OF THE ASSIGNMENT 3 4. system engineering SPECIALITIES 4 4.1 SELECTION OF SYSTEM ENGINEERING SPECIALITY 4 4.1.1 life cycle costing 4 4.1.1.1 Cost breakdown structure 9 4.1.1.2 Life cycle costing worksheet 10 4.1.1.3 Breakeven analysis 13 4.1.2 Risk analysis 14 4.1.3 Logistics and supportability 17 4.1.3.1 Developing the supportability plan 17 4.1.4 Testing Verification and Validation 24 4.1.4.1 Testing procedure 24 5. SUMMARY AND CONCLUSION 26 5.1 SUITABILITY OF THE SELECTED ENGINEERING SPECIALITY 26 5.2 PROS AND CONS OF THE SELECTED ENGINEERING SPECIALITY 27 6 REFERENCES 28 3. Executive summery: 3.1 Brief recapitulation of the problem situation: Volkswagen Ltd is one of the largest car manufacturing companies among its contemporaries. Its engines are in service with more than 25 successful models. The company also supplies marine gas turbines for 25 navies and produces engines for industrial duties such as gas and oil pumping and power generation. However, in recent years there has been a rise in the number of car manufacturing companies.
As a result, the competition has increased. The customers have recognised a need for a higher capacity engine and a better turbo speed capacity and a fuel-efficient engine. As a result, the company’s turnover has reduced from what it used to be. In order to stay in the market the company introduced a new design for its engine. It was to have a profound effect on the future prospects of the company and its place in the market. The company made a research into building hydrogen-fuelled engine.
The Business plan on Financial Planning In An Engineering Business
Financial planning is a dynamic process that deals with allocation of various financial resources in order to meet strategic goals and objectives of the business. Financial planning involves planning for finance and planning for operations. Operation managers are concerned with sales and production whereas financial planners are interested in financing the operations nevertheless financial ...
With the introduction of hydrogen fuelled engine technology the sales of the cars was not as much as the company expected and the company was not making the proportionate profits. The main problems facing Volkswagen were: o The newly developed hydrogen engine was very economical means of transport for the people, but the cost associated with the purchase of the car is very huge, which is a major drawback in the sales of the car. o In the manufacturing of the parts the work-in-progress time and material cost has gone up. The new hydrogen engine. In addition, owing to the high work-in-progress effective inventory control has become a major problem with the company contributing to the increase in the cost. o It was apparent that the future profit ability of Volkswagen depended on the manufacturing efficiency and the reduction in the cost and improvement of sales of the hydrogen car. 3.2 Definition of the scope of the assignment: The scope/objectives of the assignment is given as below:  To choose and examine the appropriateness and practicality of the chosen system engineering design to solve the problem for the first assignment.
This is done by applying the engineering specialities which provide the knowledge to specific areas such as Design life cycle costing, verification and validation, logistics and supportability, documentation and specification, quality and performance control, managing changes, managing interfaces, managing human factors, systems engineering management planning, technical management planning, identification of risks.  To identify the tasks to be performed and to draw a time line diagram.  To identify the types of requirements in every speciality under consideration and to draw a functional flow diagram. 4. SYSTEMS ENGINEERING SPECIALTIES: 4.1 SLELECTION OF SYSTEMS ENGINERING SPECIALITY: The system, which is, selected deals with the resolution of the problem, which deals with the sale of the hydrogen-fuelled car. The system uses a soft system methodology in the attempt to solve the problem.
The Essay on Systems Development Life Cycle
Systems Development Life Cycle Systems development life cycle (SDLC) is a distinct process independent of software or other information Technology considerations. It is used by a systems ... determining which system design, based on systems engineering and technology analysis, meets the user and system requirements. For ... and is cheap to maintain and cost-effective to enhance. A brief description ...
Applying the engineering speciality can check the practicality and the appropriateness of the selected system engineering method. The speciality, which would check the feasibility, would be o Doing a life cycle costing analysis of the system o Risk analysis o Verification and validation o Logistics and supportability analysis of the selected system 4.1.1 LIFE CYCLE COSTING: Life cycle costing is the total cost to the customer in acquisition, ownership and disposal of a product/system over its entire life. It includes the cost of development, production, operation, support, and disposal. The estimating for the life cycle costing is not always exact and is subject to change over a period. Life cycle costing is a methodology for calculating the whole cost of a system from inception to disposal. The items may be further subdivided until the cost of each element can be defined.
The four main phases in the life cycle costing are o Systems research and development: – The elements in this phase are initial planning, market analysis, feasibility study, product research, engineering design, design documentation, software, test and evaluation of engineering models, and associated management functions. The systems research and development is divided into three stages- conceptual design stage and preliminary system design stage and detail system/product design stage o Production: – The major elements in this phase of costing are industrial engineering and operations analysis, manufacturing, process development, production operations, quality control, and initial logistic support. o Operation and support: – The cost factors in this phase are Customer or user operations of the system in the field, product distribution and sustaining logistic support throughout the system or product life cycle. o Retirement and disposal cost: – The main cost elements are the disposal of no repairable items throughout the life cycle, material recycling, and applicable logistic support requirements. The systems research and development will consume 10percent of the cost. The production phase will consume 30percent of the cost and the operation and support will consume 60percent of the total cost. Life cycle cost is determined by the applicable functions in each phase of the life cycle costing and then costing this function, applying the appropriate costs by function on a year-to-year schedule, and ultimately accumulating the costs for the entire span of the life cycle.
The Essay on Project Life Cycle
Project Life Cycle There are several stages in the life cycle of a project: project selection, planning, execution, and termination. The first phase, project selection, will vary among firms. Each project must be evaluated to determine which is the best use of corporate funds. Each will have different risks, benefits, and costs, making the selection very difficult. The final decision should be ...
The cost associated with the different stages of the life cycle costing is interrelated and the decision made in any one phase can have an impact on the other phases. The problem situation for the Volkswagen system is to increase the sales for the hydrogen-fuelled car “HYBRID”. The sales for Hybrid has fallen due to number of factors such as the high cost factor, the work in progress time to develop hydrogen fuelled engine and other factors which the Volkswagen has figured by doing a soft system methodology analysis. The solution for the problem situation has two alternatives. Each of the alternatives will be looked upon from the perspective of operational requirements, system maintenance concept and identifying and categorizing life-cycle activities. 1. Alternative-A The alternative A consists of developing the system in-house.
o Operational requirements: The research and development of the Volkswagen group conducted a research on the car to come up with a better car with a reduced cost. The main operational requirement which was looked in by the research and development and the marketing team are as follows o The Hybrid had to be made safer in the internal combustion engine as it used hydrogen fuel, which is highly flammable. Therefore, a delayed entry valve had to be manufactured to facilitate sa ….
