Podcast
Questions and Answers
Which of the following is a key consideration within the affordability trade space across the system life cycle?
Which of the following is a key consideration within the affordability trade space across the system life cycle?
- Cost versus benefits of different office layouts
- Cost versus benefits of different design solutions (correct)
- Cost versus benefits of different marketing strategies
- Cost versus benefits of different employee training programs
What is one of the key concepts that drives changes in the affordability trade space?
What is one of the key concepts that drives changes in the affordability trade space?
- Cost to implement a change and what is gained from it (correct)
- Ease of implementation and time saved
- Complexity of implementation and potential future benefits
- Potential for promotion and increased job satisfaction
In the context of affordability analysis, what does DTC stand for?
In the context of affordability analysis, what does DTC stand for?
- Developmental testing criteria
- Direct technical consultation
- Design-to-cost (correct)
- Demand tracking and control
What measurements feed back into the system assessment in terms of affordability?
What measurements feed back into the system assessment in terms of affordability?
In defining affordability for a particular program or system, what could be specified as one of the elements?
In defining affordability for a particular program or system, what could be specified as one of the elements?
What does the shaded rectangle in Figure 10.3 represent?
What does the shaded rectangle in Figure 10.3 represent?
According to INCOSE, how is system affordability defined?
According to INCOSE, how is system affordability defined?
What does NDIA's definition of affordability emphasize?
What does NDIA's definition of affordability emphasize?
What does an affordability design model need to provide?
What does an affordability design model need to provide?
What is recommended by INCOSE for affordability analyses?
What is recommended by INCOSE for affordability analyses?
What does an affordability analysis require?
What does an affordability analysis require?
What are the derived requirements for system design?
What are the derived requirements for system design?
What does the affordability model focus on?
What does the affordability model focus on?
How is operational effectiveness measured?
How is operational effectiveness measured?
What does creating an affordability trade space allow for?
What does creating an affordability trade space allow for?
What must the affordability trade space reflect?
What must the affordability trade space reflect?
What can improvements in design driven by a stringent availability requirement do?
What can improvements in design driven by a stringent availability requirement do?
What is the relationship between performance and cost in systems engineering?
What is the relationship between performance and cost in systems engineering?
What method is used to compare the costs and performance of different alternatives in systems engineering?
What method is used to compare the costs and performance of different alternatives in systems engineering?
What distinguishes cost-effectiveness analysis (CEA) from cost-benefit analysis (CBA)?
What distinguishes cost-effectiveness analysis (CEA) from cost-benefit analysis (CBA)?
What does LCC (life cycle cost) refer to in systems engineering?
What does LCC (life cycle cost) refer to in systems engineering?
What drives changes in the affordability trade space across the system life cycle?
What drives changes in the affordability trade space across the system life cycle?
What is the result of a disciplined decision-making process in terms of affordability?
What is the result of a disciplined decision-making process in terms of affordability?
Study Notes
- The text discusses the importance of affordability in systems engineering, specifically the relationship between performance and cost.
- Performance and cost form a trade-off curve, where the best performance comes at the highest cost.
- The decision criterion (performance or cost) determines which point on the curve is chosen.
- Affordability is the result of a disciplined decision-making process.
- Cost-effectiveness analysis (CEA) is a method used to compare the costs and performance of different alternatives.
- CEA helps to determine critical system requirements and supports data-driven decision making.
- CEA is distinct from cost-benefit analysis (CBA), which assigns a monetary value to the measure of effect.
- CEA and CBA both consider the cost of risk and the risk of cost.
- Cost-effectiveness is applied to various types of organized activities, including commercial aircraft studies, urban transportation infrastructure improvements, health services acquisitions, and military hardware acquisitions.
- LCC (life cycle cost) refers to the total cost of a system or product throughout its life.
- LCC varies depending on the circumstances, the stakeholders' perspectives, and the product.
- The systems engineer needs to consider costs from multiple aspects and be aware of the stakeholders' perspectives when evaluating LCC.
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Description
Test your knowledge on system requirements and design perspectives, focusing on topics such as system changes, technology management, feedback functions, and system behaviors.
