Assessing the Cost of Risk for New Technology and Process Insertion

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dc.contributor.advisorSandborn, Peteren_US
dc.contributor.authorLillie, Edwin Thomasen_US
dc.contributor.departmentMechanical Engineeringen_US
dc.contributor.publisherDigital Repository at the University of Marylanden_US
dc.contributor.publisherUniversity of Maryland (College Park, Md.)en_US
dc.date.accessioned2013-07-04T05:32:46Z
dc.date.available2013-07-04T05:32:46Z
dc.date.issued2013en_US
dc.description.abstractAdoption and insertion of new technologies and processes into systems is inherently risky. A cost model that forecasts the cost of risk associated with inserting new technology into a system has been developed. The model projects the cost of inserting new processes, projects the impact of the processes on the cost of risk for the system, and performs a cost-benefit analysis on the adoption of proposed new processes. The projected cost of failure consequences (PCFC) is defined as the cost of all failure events (of varying severity) that are expected to occur over the service life of the system. The PCFC is uncertain, and the potential positive impact of adopting new technologies into the system is to reduce the cost of risk and/or reduce its uncertainty. A case study that assesses the adoption of a lead-free solder control plan into systems that previously used tin-lead solder has been performed.en_US
dc.identifier.urihttp://hdl.handle.net/1903/14294
dc.subject.pqcontrolledMechanical engineeringen_US
dc.subject.pquncontrolledCosten_US
dc.subject.pquncontrolledInsertionen_US
dc.subject.pquncontrolledModelen_US
dc.subject.pquncontrolledReliabilityen_US
dc.subject.pquncontrolledRisken_US
dc.subject.pquncontrolledTechnologyen_US
dc.titleAssessing the Cost of Risk for New Technology and Process Insertionen_US
dc.typeThesisen_US

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