Life Cycle Cost

Relex' life cycle cost model is completely customizable, and is linked to your project's R&M characteristics! You are not locked in to a single model of Life Cycle Cost.  You can develop different models for different customers or different products or projects, and then reuse them from project to project! You can even quickly compare alternative design approaches from a life cycle cost standpoint!

Use Relex LCC to Estimate the "Cradle to Grave" Cost of Your Product

Relex Life Cycle Cost (LCC) is a powerful tool that calculates the cost of your product over its lifetime. You may include many different types of costs such as design, production, warranty, operations and support, and disposal or refurbishment. Relex LCC provides support for parametric, analogy, bottom-up, and direct cost analysis types.

By taking time value of money and different designs into account, you can easily perform a trade-off study of various alternatives over your equipment's lifetime. For example, you may wish to compare an item with a higher initial cost and lower repair costs to an item with a lower initial cost and higher repair costs. You may also want to compare the cost of upgrading existing equipment versus procuring new equipment. Relex LCC provides these capabilities and much more!

Relex LCC is Completely Customizable

Using Relex LCC's Cost Breakdown Structure (CBS) tree, you may take any cost into account in your analysis. You choose the elements that affect your overall cost and then break those elements down into their respective sub-elements. You can use the built-in equation editor to assign calculation properties to all elements in your CBS tree. With Relex LCC you can define a wide range of cost variables, including alternative and time dependent variables. Calculated cost information includes total lifetime cost and can also include sensitivity calculations and Present Value computations.

Automatic Links Enhance the Power of Relex LCC

Because certain costs, like warranty and repair costs, depend on the failure rates and maintainability characteristics of your equipment, it is essential to be able to use this information in your cost analysis. Relex LCC provides you with the ability to create these links. You may include items such as failure rate, MTBF, MTTR, reliability, availability, and number of spares computed with other Relex modules. Relex LCC is a superior stand-alone tool, but can be used in conjunction with other Relex modules to provide unsurpassed capabilities. Relex LCC is another key element in your R&M tool set!

Full-Featured Custom Reporting

Relex' reporting utility does not lock you in to a fixed set of reports & formats. It includes a full-featured report definition utility that allows you to define what your reports include and look like.  You have full control over everything in the report: data fields to include, sort/select criteria, report layout, headers, footers, etc.  You can even include graphics images (like your company's logo) in them!

Of course Relex ships with many standard reports included, which you can tailor to suit your needs.

Peace of Mind

Relex has been in business since 1986, and due to its power, flexibility and user-friendliness, it is used by tens of thousands of engineers in dozens of different industries around the world! Relex software is now in Version 7.2, and Relex is continually adding powerful new features, functions and modules to their software.  This provides you with the assurance that your investment in Relex will be supported for the foreseeable future, and that Relex will always support the latest trends and developments in R&M modeling techniques and software interfaces.  Relex will always keep you on the cutting edge of R&M!

Unlimited FREE Tech Support!

All of Relex' products include unlimited, free technical support from a well-trained staff.

Relex Life Cycle Cost Features

   Supports calculations over time intervals using inflation/discount rates

   Supports calculation of production labor cost learning curves.

   Allows comparison of alternative designs

   Provides Sensitivity Analysis and Present Value calculations

   Automatically links to reliability and maintainability information

Learn More About Relex LCC!

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