Public Data Resource

Cost Assessment Tool for Sustainable Manufacturing (CATS)

Contact: Douglas Thomas.
Identifier: doi:10.18434/mds2-2659
Version: 1.0 First Released: 2022-08-22 Revised: 2022-08-22
This tool uses techniques from ASTM E3200 for evaluating manufacturing investments from the perspective of environmentally sustainable manufacturing by pairing economic methods of investment analysis with environmental aspect of manufacturing. The economic techniques used include net present value, internal rate of return, payback period, and hurdle rate. These four techniques are deterministic, meaning that they deal with known values that are certain. The tool also conducts a sensitivity analysis using Monte Carlo techniques. The tool answers questions such as: Is a new heating, cooling, and ventilation (HVAC) system cost effective and environmentally sustainable? I have 5 projects with varying costs and levels of sustainability. I can only afford 2 of them. Which ones do I choose?
Research Areas
NIST R&D: Mathematics and Statistics: Statistical analysisMathematics and Statistics: Uncertainty quantificationManufacturing: Sustainable manufacturing
Keywords: investment analysismanufacturingnet present valueinternal rate of returnenvironmental impactShow more...
These data are public.
Version: 1.0 First Released: 2022-08-22 Revised: 2022-08-22
Cite this dataset
Douglas Thomas (2022), Cost Assessment Tool for Sustainable Manufacturing (CATS), National Institute of Standards and Technology, https://doi.org/10.18434/mds2-2659 (Accessed 2025-07-09)
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