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Machining Equipment Life Cycle Costing Model with Dynamic Maintenance Cost
Volvo Construction Equipment, Sweden; Mälardalen University, Sweden.
RISE - Research Institutes of Sweden, Materials and Production, IVF. Mälardalen University, Sweden.ORCID iD: 0000-0001-9068-3527
2016 (English)In: Procedia CIRP, ISSN 2212-8271, E-ISSN 2212-8271, Vol. 48, p. 102-107Article in journal (Refereed) Published
Abstract [en]

This paper presents how a Life cycle cost or Total cost of ownership analysis has been performed on machining equipment in a Swedish company. Life cycle cost models used in case studies are compared to an empirical model, used at the company, where dynamic energy, fluid, and maintenance cost are included. Linear and variable factors in the models are analyzed and discussed regarding data availability and estimation, especially with emphasis on maintenance. The life cycle cost aspect of the equipment give guidelines to consider operation, maintenance, tools, energy, and fluid cost in addition to acquisition cost, when designing/specifying the equipment.

Place, publisher, year, edition, pages
2016. Vol. 48, p. 102-107
Keywords [en]
Life Cycle Costing, Total cost of ownership, sustainable manufacturing, Maintenance management, equipment design
National Category
Mechanical Engineering
Identifiers
URN: urn:nbn:se:ri:diva-30223DOI: 10.1016/j.procir.2016.03.110OAI: oai:DiVA.org:ri-30223DiVA, id: diva2:1129778
Available from: 2017-08-07 Created: 2017-08-07 Last updated: 2019-06-17Bibliographically approved

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Kurdve, Martin

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CiteExportLink to record
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