The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Sep. 01, 2009

Filed:

May. 15, 2003
Applicants:

Michael T. Hertz, Manassas, VA (US);

Thomas E. Herald, Jr., Warrenton, VA (US);

Inventors:

Michael T. Hertz, Manassas, VA (US);

Thomas E. Herald, Jr., Warrenton, VA (US);

Assignee:

Lockheed Martin Corporation, Manassas, VA (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 99/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

A method for estimating the cost of a system over its predetermined life cycle includes estimating refresh and non-refresh costs for the system over its life cycle. By estimating the refresh cost, such a method allows one to select the most cost-effective implementation for the system by comparing the costs of different implementations. For example, if the system is to be installed in a submarine, one can select the most cost-effective system configuration for a given refresh rate, where the refresh rate coincides with the intervals at which the submarine is in port for service. Or, for a given system configuration, one can determine the most cost-effective refresh rate, and thus select the most cost-effective interval for servicing the submarine.


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