Economic Analysis

The engineering economic and systems analyses involve three distinct stages - the physical system influenced by the technology, the operating system influenced by the technology, and the economic implications of these two influences. TranSys Research Ltd. has the expertise and analytical tools to examine these influences and interdependencies. The economic assessment hinges on the development of unit costs in combination with the physical quantities developed in the above models. We have developed general purpose tools such as the Life Cycle Cost Model and purpose specific tools such as the Motive Power Alternatives Assessment Model to assist in economic analysis. In addition to extensive internal usage, these models have also been used by clients in their own economic assessments.
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