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Life cycle engineering is defined in the CIRP Encyclopedia of Production Engineering as: "the engineering activities which include the application of technological and scientific principles to manufacturing products with the goal of protecting the environment, conserving resources, encouraging economic progress, keeping in mind social concerns, and the need for sustainability, while optimizing ...
Following this model, the analysis implies to use an estimation window (typically sized 120 days) prior to the event to derive the typical relationship between the firm's stock and a reference index through a regression analysis. Based on the regression coefficients, the normal returns are then projected and used to calculate the abnormal returns.
Steps include goal and scope definition, inventory analysis, impact assessment, interpretation, and reporting. [81] For ISO 14067, the life cycle stages that need to be studied in the LCA are defined by a variety of system boundaries. Cradle-to-grave includes the emissions and removals generated during the full life of cycle of the product.
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
Downstream, in manufacturing, refers to processes which occur later on in a production sequence or production line. [1] Viewing a company "from order to cash" might have high-level processes such as marketing, sales, order entry, manufacturing, packaging, shipping, and invoicing. Each of these could be deconstructed into many sub-processes and ...
An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new policy or project, or may ...
Change impact analysis is defined by Bohnner and Arnold [4] as "identifying the potential consequences of a change, or estimating what needs to be modified to accomplish a change", and they focus on IA in terms of scoping changes within the details of a design.
Life-cycle cost analysis (LCCA) is an economic analysis tool to determine the most cost-effective option to purchase, run, sustain or dispose of an object or process. The method is popular in helping managers determine economic sustainability by figuring out the life cycle of a product or process.