Cost Estimation for Space Propulsion Systems and Human Resource Cost and The Project Implementation Time optimization

The purpose of this paper is to present the cost estimation and optimization of space propulsion systems. Thus, choosing optimal propulsion system (from fuel and oxidizer aspect) is done in order to increase the efficiency and decrease the cost. Also, human resource cost and technology development time based on the consideration of labor cost effect on the personals motivation have been optimized. To this end, cost estimation and optimization algorithm has been drawn and suggested. The suggested algorithm has two steps. The first step in the algorithm is concern to cost estimation for seven fuel and oxidizer components. In the second step, labor cost and project implementation time is estimated and optimized based on the optimal space propulsion system derived from the previous step. Here, the objective functions are propulsion system technology development cost and time. On the other hand, the purpose is to consider the salary enhancement and consequently efficiency enhancement, time decrease and cost decrease.