IRRATIONALITY OF MARINE GAS TURBINE SHIP COST EFFECTIVE ANALYSES

The problem here is to develop a more rational approach to evaluating the cost/effectiveness equation. No two systems cost the same, and no two systems have the same effectiveness. Thus, to assess the relative cost/effectiveness of two competing systems, an assessment must be made of cost and another of effectiveness. Any cost/effectiveness analysis that fails to recognize that both elements are simultaneous variables must be very suspect. Usually, to be attractive, the new propulsion concept must offer as a minimum the potential for realizing several worthwhile performance factors of which the older systems are incapable. Especially for long-life systems like ships, a tremendous effort must be made to frame the sense, at least, of future environments.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00281425
• Corporate Authors:

  American Society of Naval Engineers

  Suite 507, 1012 14th Street, NW
  Washington, DC  United States  20005
• Authors:
  • Peterson, H A
• Publication Date: 1970-10

Media Info

• Pagination: 9 p.
• Serial:
  • Naval Engineers Journal
  • Volume: 82
  • Issue Number: 5
  • ISSN: 0028-1425

Subject/Index Terms

• TRT Terms: Cost effectiveness; Gas turbines; Life cycle costing; Vehicle power plants
• Old TRIS Terms: Competitive propulsion systems
• Subject Areas: Finance; Marine Transportation; Vehicles and Equipment;

Filing Info

• Accession Number: 00019179
• Record Type: Publication
• Source Agency: Engineering Index
• Files: TRIS
• Created Date: Nov 8 1973 12:00AM