Advances in Operations Research / 2013 / Article / Tab 1

Research Article

A Cost Model for Integrated Logistic Support Activities

Table 1

Comparison between LCM and ILS (proposed approach).

Life cycle costIntegrated Logistic Support

Perspective of the customerPerspective of the contractor
Addressed early design and production stageAddressed early design and production stage
Used in the acquisition phaseUsed in the budgeting and operating phase
Aim to reduce the total cost of ownershipAim to reduce the total cost of operations and support
Cost of developing, producing, using, and retiring a particular itemCost for preventive and corrective maintenance, penalty cost, and cost for Delay Time

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