Priority of Objective Cost in Design Process given Minimum Design Index Calculator

✖Minimum Design Index is a comparable quantity in conceptual design phase which considers Cost, Weight and Time period indices.ⓘ Minimum Design Index [DI_min]			+10% -10%
✖Weight Index is the summation of all the contributors in weight configuration parameters. The weight configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).ⓘ Weight Index [WI]			+10% -10%
✖Weight Priority (%) is a factor which shows the priority of Weight factor on a percentage scale. It is oriented according to the user's definition of priorities.ⓘ Weight Priority (%) [P_w]			+10% -10%
✖Period Index is the summation of all the contributors in period configuration parameters. The Period configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).ⓘ Period Index [TI]			+10% -10%
✖Period Priority (%) is a factor which shows the priority of time factor on a percentage scale. It is oriented according to the user's definition of priorities.ⓘ Period Priority (%) [P_t]			+10% -10%
✖Cost Index is the summation of all the contributors in cost configuration parameters. The cost configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).ⓘ Cost Index [CI]			+10% -10%

✖Cost Priority (%) is a factor which shows the priority of cost objective on a percentage scale. It is oriented according to the user's definition of priorities.ⓘ Priority of Objective Cost in Design Process given Minimum Design Index [P_c]

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Priority of Objective Cost in Design Process given Minimum Design Index Solution

STEP 0: Pre-Calculation Summary

Formula Used

Cost Priority (%) = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Period Index*Period Priority (%)))/Cost Index
P_c = ((DI_min*100)-(WI*P_w)-(TI*P_t))/CI
This formula uses 7 Variables

Variables Used

Cost Priority (%) - Cost Priority (%) is a factor which shows the priority of cost objective on a percentage scale. It is oriented according to the user's definition of priorities.
Minimum Design Index - Minimum Design Index is a comparable quantity in conceptual design phase which considers Cost, Weight and Time period indices.
Weight Index - Weight Index is the summation of all the contributors in weight configuration parameters. The weight configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).
Weight Priority (%) - Weight Priority (%) is a factor which shows the priority of Weight factor on a percentage scale. It is oriented according to the user's definition of priorities.
Period Index - Period Index is the summation of all the contributors in period configuration parameters. The Period configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).
Period Priority (%) - Period Priority (%) is a factor which shows the priority of time factor on a percentage scale. It is oriented according to the user's definition of priorities.
Cost Index - Cost Index is the summation of all the contributors in cost configuration parameters. The cost configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).

STEP 1: Convert Input(s) to Base Unit

Minimum Design Index: 160 --> No Conversion Required
Weight Index: 50.98 --> No Conversion Required
Weight Priority (%): 15.1 --> No Conversion Required
Period Index: 95 --> No Conversion Required
Period Priority (%): 19 --> No Conversion Required
Cost Index: 1327.913 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

P_c = ((DI_min*100)-(WI*P_w)-(TI*P_t))/CI --> ((160*100)-(50.98*15.1)-(95*19))/1327.913

Evaluating ... ...

P_c = 10.1100011823064

STEP 3: Convert Result to Output's Unit

10.1100011823064 --> No Conversion Required

FINAL ANSWER

10.1100011823064 ≈ 10.11 <-- Cost Priority (%)

(Calculation completed in 00.020 seconds)

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< Design Process Calculators

Period of Design Index given Minimum Design Index

LaTeX Go Period Index = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Cost Index*Cost Priority (%)))/Period Priority (%)

Weight Index given Minimum Design Index

LaTeX Go Weight Index = ((Minimum Design Index*100)-(Cost Index*Cost Priority (%))-(Period Index*Period Priority (%)))/Weight Priority (%)

Cost Index given Minimum Design Index

LaTeX Go Cost Index = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Period Index*Period Priority (%)))/Cost Priority (%)

Minimum Design Index

LaTeX Go Minimum Design Index = ((Cost Index*Cost Priority (%))+(Weight Index*Weight Priority (%))+(Period Index*Period Priority (%)))/100

Priority of Objective Cost in Design Process given Minimum Design Index Formula

LaTeX Go

Cost Priority (%) = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Period Index*Period Priority (%)))/Cost Index
P_c = ((DI_min*100)-(WI*P_w)-(TI*P_t))/CI

What is Design Index Concept and How to derive Priority of objective Cost from it?

At the start of Conceptual Design, the Designer defines Objective index which depends upon the parameters which influence the respective objective. Sum of all of the parameters contributing the objective factor on scale of 1-10 gives objective index. Now this objective index has its own priorities, in a conceptual design model the priorities are shown in percentage. Now how these factor influence the model is given by the product of the objective index and its priority (taken as a number (conversion from percentage)), it is the share of design index. And if the share of design index is subjected to the Cost, Weight and Design Time only, It is called Minimum Design Index. As they are common factors in all type of Aircrafts. The Priority of Objective Cost can be Derived from the same as we have to modify the formula.

How to Calculate Priority of Objective Cost in Design Process given Minimum Design Index?

Priority of Objective Cost in Design Process given Minimum Design Index calculator uses Cost Priority (%) = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Period Index*Period Priority (%)))/Cost Index to calculate the Cost Priority (%), Priority of Objective Cost in Design Process given Minimum Design Index indicates the significance attributed to managing and minimizing the financial resources required for the aircraft design while achieving the desired level of performance, safety, and reliability, this priority reflects the importance of cost-effectiveness and affordability in meeting operational requirements and maximizing the overall value of the aircraft design. Cost Priority (%) is denoted by P_c symbol.

How to calculate Priority of Objective Cost in Design Process given Minimum Design Index using this online calculator? To use this online calculator for Priority of Objective Cost in Design Process given Minimum Design Index, enter Minimum Design Index (DI_min), Weight Index (WI), Weight Priority (%) (P_w), Period Index (TI), Period Priority (%) (P_t) & Cost Index (CI) and hit the calculate button. Here is how the Priority of Objective Cost in Design Process given Minimum Design Index calculation can be explained with given input values -> 244.0946 = ((160*100)-(50.98*15.1)-(95*19))/1327.913.

FAQ

What is Priority of Objective Cost in Design Process given Minimum Design Index?

Priority of Objective Cost in Design Process given Minimum Design Index indicates the significance attributed to managing and minimizing the financial resources required for the aircraft design while achieving the desired level of performance, safety, and reliability, this priority reflects the importance of cost-effectiveness and affordability in meeting operational requirements and maximizing the overall value of the aircraft design and is represented as P_c = ((DI_min*100)-(WI*P_w)-(TI*P_t))/CI or Cost Priority (%) = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Period Index*Period Priority (%)))/Cost Index. Minimum Design Index is a comparable quantity in conceptual design phase which considers Cost, Weight and Time period indices, Weight Index is the summation of all the contributors in weight configuration parameters. The weight configuration parameters are valued on the scale of 0-10 (best=10 and worst=0), Weight Priority (%) is a factor which shows the priority of Weight factor on a percentage scale. It is oriented according to the user's definition of priorities, Period Index is the summation of all the contributors in period configuration parameters. The Period configuration parameters are valued on the scale of 0-10 (best=10 and worst=0), Period Priority (%) is a factor which shows the priority of time factor on a percentage scale. It is oriented according to the user's definition of priorities & Cost Index is the summation of all the contributors in cost configuration parameters. The cost configuration parameters are valued on the scale of 0-10 (best=10 and worst=0).

How to calculate Priority of Objective Cost in Design Process given Minimum Design Index?

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