Abstract
Rapid technological advances in component electronics driven by the consumer market are forcing acceleration in such components becoming obsolescent. For sectors that employ long life assets the situation is becoming costly, estimated at $750 m per annum for the US Navy alone. In this chapter mitigation and resolution solutions for this problem are explored as well as how to approach estimation of its cost. Skills shortages and cost estimation problems are identified as key issues.
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Erkoyuncu, J.A., Roy, R. (2015). Obsolescence Management. In: Redding, L., Roy, R. (eds) Through-life Engineering Services. Decision Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-12111-6_17
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DOI: https://doi.org/10.1007/978-3-319-12111-6_17
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