Design for safety and minimum life-cycle cost

Puisa, Romanas and Vassalos, Dracos and Guarin, Luis and Mermiris, Georgios (2011) Design for safety and minimum life-cycle cost. In: Contemporary Ideas on Ship Stability and Capsizing in Waves. Fluid Mechanics and Its Applications . Springer, Dordrecht, pp. 753-769. ISBN 9789400714816

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Abstract

The paper outlines an approach to multidisciplinary ship design via a software platform maintaining a holistic view on the overall ship quality. The platform integrates design and first-principles design evaluation tools that estimate performance indices of risk, costs, earnings and ship functionality. The platform has built-in mechanisms that determine dominant design parameters, derive parametric models and perform gradual optimisation of constantly updated response surfaces, thus guiding designers towards cost-effective design solutions. The applications aspects and results of the platform are also presented here.