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PRESENTATION ON COST AND
SYSTEM EFFECTIVENESS
Created by,
Prasanna Taware (1301005)
Chaitanya Panadare (1301010)
1
Reliability Engineering ISE 2
COST EFFECTIVENESS
 It is form of economical analysis that compares the
relative cost and outcomes of two or more courses of
action.
 Effectiveness tells us how well the product or system
satisfies the end over demands.
2
SYSTEM EFFECTIVENESS
 It is a analysis of overall considerations that consist of
design and manufacturing of the product.
 It consist of following parameters
1. Capability
2. Operational availability
3. Safety
3
RELATION BETWEEN COST AND RELIABILITY
4
APPLICATION
 Honda Shine SP (Two wheeler)
5

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Presentation on cost and system effectiveness

  • 1. PRESENTATION ON COST AND SYSTEM EFFECTIVENESS Created by, Prasanna Taware (1301005) Chaitanya Panadare (1301010) 1 Reliability Engineering ISE 2
  • 2. COST EFFECTIVENESS  It is form of economical analysis that compares the relative cost and outcomes of two or more courses of action.  Effectiveness tells us how well the product or system satisfies the end over demands. 2
  • 3. SYSTEM EFFECTIVENESS  It is a analysis of overall considerations that consist of design and manufacturing of the product.  It consist of following parameters 1. Capability 2. Operational availability 3. Safety 3
  • 4. RELATION BETWEEN COST AND RELIABILITY 4
  • 5. APPLICATION  Honda Shine SP (Two wheeler) 5