Proceedings of the 2015 International Conference on Education Technology, Management and Humanities Science

Weighing Equipment Life Cycle Cost Based on Principal Component Analysis

Authors
Liang Xiong, Huansong Liu, Xin Xu, Weiwei Wang
Corresponding Author
Liang Xiong
Available Online March 2015.
DOI
https://doi.org/10.2991/etmhs-15.2015.236How to use a DOI?
Keywords
Principal Component Analysis; Life Cycle Cost; Cost Tradeoff; Equipment.
Abstract
The equipment life cycle cost tradeoff based on principal component analysis can effectively defuse the split among its simplicity, comprehensiveness and integrity. Follow the steps to complete its tradeoff process in terms of primary data matrix construction, sample standardization, constructing indicator data matrix and correlation coefficient matrix, calculating characteristic vector and characteristic value, variance contribution rate calculation, and comprehensive evaluation.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Liang Xiong
AU  - Huansong Liu
AU  - Xin Xu
AU  - Weiwei Wang
PY  - 2015/03
DA  - 2015/03
TI  - Weighing Equipment Life Cycle Cost Based on Principal Component Analysis
BT  - 2015 International Conference on Education Technology, Management and Humanities Science (ETMHS 2015)
PB  - Atlantis Press
SP  - 1081
EP  - 1085
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-15.2015.236
DO  - https://doi.org/10.2991/etmhs-15.2015.236
ID  - Xiong2015/03
ER  -