Life Cycle Costs (LCC), MP Design, Vertical Startup, and Quality
Assurance are the four main parts of EEM. Designing quality assurance into the
system encompasses finding all possible defects that could affect the quality of
the product and delay startup in the initial design phase of a project. Another
important part of the initial design of a system is minimizing the life cycle cost of
the equipment involved. This can be accomplished through four different
methods. It depends on the industry and whether the cost of the initial
investment is more important or the cost of maintenance over time is more
important in which method is chosen. The four methods are Minimum Initial Cost
Design (IC), Minimum Running Cost Design (RC), IC-RC Reduction Design, and
LCC Design Under Uncertain Circumstances (Gotoh, 16).