Decision Support for Obsolescence Management (Phase I)
Project status: Complete
Thrust area: Enabling Information Infrastructure
Research team: Janis Terpenny
As products and systems grow in complexity, component obsolescence management has become an increasingly more important factor in managing the manufacturing cost of a product through the productís lifecycle. Our solution, to aid manufacturers in minimizing the cost over time, is to develop accurate cost models for each obsolescence mitigation alternative to allow industry to make more informed decisions.