What is a Life Cycle Cost Function?
A life cycle cost function is an equation or Visual Basic compatible function that is used to calculate the cost of a particular node in a cost tree. A cost function can contain global functions, predefined variables, cost node references, local variables, global variables and references to part tree variables. A cost function is evaluated at each time point in a time sequence. Time dependent variables can have different values at each time point in each time sequence. Constant variables have the same value at each time point. A code palette is provided to simply the task of creating the cost equations. The code palette contains the names of all the variables currently defined in the lccWare model. These variables can then be drag and dropped into the equation window.
