Development of a Cost Estimating Framework for Nanotechnology Based Products

  • Yuchun Xu
  • Rajkumar Roy
  • Gianluca Cassaro
  • Jeremy Ramsden
Conference paper
Part of the Advanced Concurrent Engineering book series (ACENG)


Nanotechnology materials and products are more and more used in different industry sectors. Due to the novelty and complexity, cost of nanotechnology materials and products are not well understood, which in many cases implies risk in business. This paper develops a framework to estimate the cost of nanotechnology materials and products, it aims to help manufactures to better understand the cost of nanotechnology materials or products at design stage. Expert interviews were conducted to validate the cost estimation logic. It is concluded that the approach and framework developed is able to estmate the cost of nanotechnology based products reasonably but reliable industry standard data will be needed to achieve that.


Carbon Nanotubes Cost Estimation Industry Expert Single Walled Nanotubes Decision Engineer 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer London 2009

Authors and Affiliations

  • Yuchun Xu
    • 1
  • Rajkumar Roy
    • 1
  • Gianluca Cassaro
    • 2
  • Jeremy Ramsden
    • 3
  1. 1.Decision Engineering CentreSchool of Applied Science, Cranfield UniversityCranfieldUK
  2. 2.Department of Mechanical Technology, Production and Management EngineeringUniversity of the study of PalermoPalermoItaly
  3. 3.Microsystems and Nanotechnology CentreSchool of Applied Science, Cranfield UniversityCranfieldUK

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