Citation:
P. P. Datta, R. Roy, Cost modelling techniques for availability type service support contracts: a literature review and empirical study, Proceedings of the 1st CIRP Industrial Product-Service Systems (IPS2) Conference, Cranfield University, 1-2 April 2009, pp216
Abstract:
The research in this paper is focused on enhancing existing knowledge in cost estimation models at the
bidding stage of service support contracts. The difficulty of this task lies in the long lasting contracts, which
in some cases may reach even 40 years. The paper first reports the existing knowledge through detailed
review of literature. The paper studies different service support contracts and reports the cost modelling
techniques used in availability type contracts in the context of defence and aerospace industry. The
contribution of this paper is to identify the key areas of improvement and business priorities in the area of
cost modelling of availability type service support contracts.
