The life cycle of a product chiefly depends on the choice of material’s implications which obviously influences many characteristics of economic and environmental performance. This [course_title] helps you evaluate those implications by solving problems related to life cycle environmental evaluation, material choice concepts, fundamentals of engineering economics etc. with the help of extensive assignments.
This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.
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Course Credit: MIT
|Introduction, Time Value of Money, Single Payment Discounting||00:15:00|
|Value, Multi-payment Discounting, Non-uniform Cash Flows||00:15:00|
|Effective Interest Rates||00:45:00|
|Dealing with Changing Prices||00:15:00|
|Concepts of Materials Indices, Software Introduction||01:00:00|
|Material and Shape Selection||00:30:00|
|Process Selection, In-class Examples||00:15:00|
|Using Cost Models – Concepts and Principles||00:30:00|
|Tackling Variable Costs||00:30:00|
|Modeling Fixed Costs||00:30:00|
|What is the Cost of Materials Usage||00:15:00|
|An Overview of Life Cycle Assessment||00:15:00|
|Analysis Goal and Scope; Inventory Methods||00:15:00|
|Submit Your Assignment||00:00:00|
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