Financial analysis in multidisciplinary design optimization

MDO is moving beyond the small group of NASA and Aerospace companies and is increasingly being adopted by organizations around the world. With MDO, we can optimize across multiple disciplines and find the ideal design which maximizes benefit to the company and society. Given the complexity of working with multiple disciplines and stakeholders, it is important to have a single metric which teams and organizations can use to choose the best design. Since financial metrics play a dominant role in the decision-making process, we can use them to choose the best design for the company. In the thesis, we created a framework for doing financial analysis in MDO. We applied the framework to the baseplate, a component used within the excavator pump, and optimized across three different disciplines of cost, natural frequency and temperature to find the baseplate design with the highest sales potential.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Department of Mechanical Engineering

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2021

Author dc:creator

• Mardia, Rishab.

Advisor dc:contributor.advisor

• Maria Yang.

• Mechanical Engineering.

Statement dc:rights

• MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/130719

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/130719