Life Cycle Cost Analysis

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Maintenance Costs and Life Cycle Cost Analysis

Diego Galar,Peter Sandborn,Uday Kumar
Maintenance Costs and Life Cycle Cost Analysis Book PDF

Author : Diego Galar,Peter Sandborn,Uday Kumar
Publisher : CRC Press
Page : 479 pages
File Size : 51,8 Mb
Release : 2017-09-18
Category : Technology & Engineering
ISBN : 9781351650236

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Maintenance Costs and Life Cycle Cost Analysis by Diego Galar,Peter Sandborn,Uday Kumar Pdf

Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers. The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process. Key Features: • Emphasis on maintenance cost and life cycle cost especially under uncertainty. • Systematic approach of how cost models can be applied and used in the maintenance field. • Compiles and reviews existing maintenance cost models. • Consequential and direct costs considered. • Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.

Life-cycle Cost and Economic Analysis

Wolter J. Fabrycky,Benjamin S. Blanchard
Life cycle Cost and Economic Analysis Book PDF

Author : Wolter J. Fabrycky,Benjamin S. Blanchard
Publisher : Unknown
Page : 408 pages
File Size : 43,9 Mb
Release : 1991
Category : Business & Economics
ISBN : UOM:39015019814873

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Life-cycle Cost and Economic Analysis by Wolter J. Fabrycky,Benjamin S. Blanchard Pdf

This text explores the fundamental principles and applications of the economic and cost analysis of products and systems, using the life-cycle process. A graded methodology is followed and the book emphasizes the linkage between economic competitiveness and economic analysis.

Life-cycle Cost Analysis in Pavement Design

James Walls
Life cycle Cost Analysis in Pavement Design Book PDF

Author : James Walls
Publisher : Unknown
Page : 128 pages
File Size : 50,7 Mb
Release : 1998
Category : Life cycle costing
ISBN : UCBK:C101299818

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Life-cycle Cost Analysis in Pavement Design by James Walls Pdf

This Interim Technical Bulletin recommends procedures for conducting Life-Cycle Cost Analysis (LCCA) of pavements, provides detailed procedures to determine work zone user costs, and introduces a probabilistic approach to account for the uncertainty associated with LCCA inputs.

Engineering Economics of Life Cycle Cost Analysis

John Vail Farr,Isaac Faber
Engineering Economics of Life Cycle Cost Analysis Book PDF

Author : John Vail Farr,Isaac Faber
Publisher : CRC Press
Page : 382 pages
File Size : 44,7 Mb
Release : 2018-10-17
Category : Education
ISBN : 9780429881220

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Engineering Economics of Life Cycle Cost Analysis by John Vail Farr,Isaac Faber Pdf

Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written. By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics. Features Focuses on systems life cycle costing Includes materials beyond basic engineering economics, such as simulation-based costing Presents cost estimating, analysis, and management from a total ownership cost perspective Offers numerous real-life examples Provides excel based textbook/problems Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.

Life Cycle Costing for Design Professionals

Stephen J. Kirk,Alphonse J. Dell'Isola
Life Cycle Costing for Design Professionals Book PDF

Author : Stephen J. Kirk,Alphonse J. Dell'Isola
Publisher : McGraw-Hill Companies
Page : 262 pages
File Size : 48,7 Mb
Release : 1995
Category : Technology & Engineering
ISBN : 0070348049

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Life Cycle Costing for Design Professionals by Stephen J. Kirk,Alphonse J. Dell'Isola Pdf

This revised second edition of the standard reference for design professionals supplies an arsenal of economic weapons for constructing, operating, and managing buildings at the lowest cost possible. Everything professionals need to put the latest construction-related strategies to work is right here in one convenient, quick reference guide.

Maintenance Costs and Life Cycle Cost Analysis

Diego Galar,Peter Sandborn,Uday Kumar
Maintenance Costs and Life Cycle Cost Analysis Book PDF

Author : Diego Galar,Peter Sandborn,Uday Kumar
Publisher : CRC Press
Page : 479 pages
File Size : 43,5 Mb
Release : 2017-09-18
Category : Technology & Engineering
ISBN : 9781351650236

Get Book

Maintenance Costs and Life Cycle Cost Analysis by Diego Galar,Peter Sandborn,Uday Kumar Pdf

Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers. The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process. Key Features: • Emphasis on maintenance cost and life cycle cost especially under uncertainty. • Systematic approach of how cost models can be applied and used in the maintenance field. • Compiles and reviews existing maintenance cost models. • Consequential and direct costs considered. • Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.

Life Cycle Costing for Facilities

Alphonse Dell'Isola,Stephen J. Kirk
Life Cycle Costing for Facilities Book PDF

Author : Alphonse Dell'Isola,Stephen J. Kirk
Publisher : RSMeans
Page : 440 pages
File Size : 46,9 Mb
Release : 2003-05-30
Category : Architecture
ISBN : STANFORD:36105114348803

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Life Cycle Costing for Facilities by Alphonse Dell'Isola,Stephen J. Kirk Pdf

This comprehensive resource provides expert guidance on how Life Cycle Costing (LCC) can optimize decision-making and enhance long-term profit. Sixteen case studies show how to apply LCC to particular facility types and building components, in a new construction and remodeling.

Environmental Life Cycle Costing

David Hunkeler,Kerstin Lichtenvort,Gerald Rebitzer
Environmental Life Cycle Costing Book PDF

Author : David Hunkeler,Kerstin Lichtenvort,Gerald Rebitzer
Publisher : CRC Press
Page : 232 pages
File Size : 41,8 Mb
Release : 2008-05-29
Category : Science
ISBN : 9781420054736

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Environmental Life Cycle Costing by David Hunkeler,Kerstin Lichtenvort,Gerald Rebitzer Pdf

Balances Scientific and Economic Points of View to Thoroughly Address Management Issues Responding to the need for clarification and benchmarks, Environmental Life Cycle Costing provides the fundamental basis on which to establish a definitive methodology. Clearly defining environmental LCC, this book balances scientific and economic points of view and thoroughly addresses the management perspective. Demonstrates the Process From Problem Definition to Analysis, to Presentation The book focuses on environmental LCC but also analyzes conventional LCC and societal LCC, providing case studies for each. It presents the link between life cycle costing and life cycle assessment and then explores public, private, and societal options. The book also explains all components of the method using the cross-cutting example of a washing machine. It also provides categorizations that permit the method to be adapted or streamlined as a function of the time available to the practitioner. Case study boxes demonstrate the process for carrying out an LCC, from problem definition to analysis and ultimate presentation to the decision maker. Experts Integrate Conventional Thinking with Emerging Ideas Environmental LCC summarizes all costs associated with the life cycle of a product regardless of who bears those costs. It includes present and future money flows as well as those to be internalized in the decision relevant future. A collaboration of experts at the forefront of research, this book ties conventional thinking on life cycle costs into emerging theory and practice by including environmental and social cost analyses and linking LCC to the environmental and social pillars of sustainability.

Life Cycle Costing

John W. Bull
Life Cycle Costing Book PDF

Author : John W. Bull
Publisher : Whittles
Page : 233 pages
File Size : 43,5 Mb
Release : 2015
Category : Civil engineering
ISBN : 1498723217

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Life Cycle Costing by John W. Bull Pdf

The key areas of life cycle cost analysis (LCCA) and whole life costing (WLC) are exemplified in this volume with accounts of their application to housing stock, a community hydroelectric power system, various aspects of highway infrastructure, and corrosion protective coatings. Sustainable construction and design requires more than compliance with safety requirements and economic constraints; there is also the impact on the environment, the surrounding population, and users of the infrastructure. This requires a multidimensional perspective of sustainability to be considered in life cycle costing (LCC) combining current design criteria with these other aspects. It has become increasingly important to understand the full costs of civil engineering infrastructure, and the main sources of cost, along the whole supply chain and to identify cost reduction opportunities. The conventional procurement approach without the integration of probabilistic life cycle cost modelling induces substantial long-term maintenance costs. Once deterioration and life cycle cost models have been established, appropriate partnership procurement strategies, associated financing methods, and determination of the project period can be developed. LCC includes the cost of planning, design, acquisition, operation, maintenance, and disposal of buildings and other construction assets, while WLC additionally includes incomes and other costs such as non-construction costs and externalities. In whole life costing, social, environmental, or business costs or benefits are considered as externalities and care must be taken not to double count the impacts when WLC is used together with LCCA. The international examples included in this book illustrate practically the methodology of life cycle costing and the application of life cycle cost analysis to identify the most appropriate method for assessing the relative merits of competing project implementation alternatives.

Life Cycle Costing

Subramanian Senthilkannan Muthu
Life Cycle Costing Book PDF

Author : Subramanian Senthilkannan Muthu
Publisher : Springer Nature
Page : 188 pages
File Size : 40,5 Mb
Release : 2023-10-09
Category : Science
ISBN : 9783031409936

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Life Cycle Costing by Subramanian Senthilkannan Muthu Pdf

Life Cycle Costing (LCC) is a well-known and popular method to evaluate the economic sustainability, which as the term implies is structured on the life cycle of a product or process. LCC is a method primarily consisting of estimating the total cost of a product, taking into account the whole life cycle of the product as well as the direct and external costs. It is one of the important methods and tools under the sustainability umbrella. This book describes the concept of LCC and offers several interesting case studies.

Systems Life Cycle Costing

John V. Farr
Systems Life Cycle Costing Book PDF

Author : John V. Farr
Publisher : CRC Press
Page : 318 pages
File Size : 40,7 Mb
Release : 2011-06-20
Category : Technology & Engineering
ISBN : 9781439828915

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Systems Life Cycle Costing by John V. Farr Pdf

Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management. No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.

Bridge Life-cycle Cost Analysis

Hugh Hawk,National Cooperative Highway Research Program
Bridge Life cycle Cost Analysis Book PDF

Author : Hugh Hawk,National Cooperative Highway Research Program
Publisher : Transportation Research Board
Page : 10 pages
File Size : 47,8 Mb
Release : 2003
Category : Technology & Engineering
ISBN : 9780309068017

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Bridge Life-cycle Cost Analysis by Hugh Hawk,National Cooperative Highway Research Program Pdf

Accompanying CD-ROM contains software, Guidance manual, User manual, and appendixes to report.

Life Cycle Costing for Construction

J.W. Bull
Life Cycle Costing for Construction Book PDF

Author : J.W. Bull
Publisher : Routledge
Page : 174 pages
File Size : 46,5 Mb
Release : 2003-10-04
Category : Architecture
ISBN : 9781135697846

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Life Cycle Costing for Construction by J.W. Bull Pdf

The construction industry is becoming increasingly aware of the need to adopt a holistic approach to the design, building, and disposal of structures. With 60 per cent of the total construction budget in most developed countries being spent on repair and maintenance, there is an obvious need to design for reliability and durability, with more carefully planned maintenance and repair schedules. One important facet is to look at how costs are distributed and spent during the lifetime of a structure: an approach known as life cycle costing, which has the ultimate aim of minimising total lifetime expenditure. As an example, choosing an inexpensive coating for steelwork may require maintenance every three years, whereas a coating which is more expensive may require repairing only once per decade. It is a question of balance - taking the lifetime costs of the structure into consideration. This new book provides an insight into how whole life costing is affecting our approach to designing, building, maintaining and disposing of structures. The book is written for consulting engineers in the fields of civil and structural engineering, building designers, architects, quantity surveyors, refurbishing specialists, as well as practising civil and structural engineers engaged in planning, design, construction, repair and refurbishment of structures.

Life Cycle Costing

B. S. Dhillon
Life Cycle Costing Book PDF

Author : B. S. Dhillon
Publisher : Psychology Press
Page : 376 pages
File Size : 50,7 Mb
Release : 1989
Category : Business & Economics
ISBN : 2881243029

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Life Cycle Costing by B. S. Dhillon Pdf

Evaluating the cost of acquiring major pieces of equipment also necessitates costing their life maintenance. Providing coverage of recent advances in this field, this book covers such topics as reliability improvement warranty, computer hardware/software costing, and reliability engineering.

Life cycle costing. Advantages, disadvantages and criticism of this procedure

Roberto Niesing
Life cycle costing Advantages disadvantages and criticism of this procedure Book PDF

Author : Roberto Niesing
Publisher : GRIN Verlag
Page : 18 pages
File Size : 52,7 Mb
Release : 2008-06-25
Category : Business & Economics
ISBN : 9783638069458

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Life cycle costing. Advantages, disadvantages and criticism of this procedure by Roberto Niesing Pdf

Seminar paper from the year 2008 in the subject Business economics - Accounting and Taxes, grade: 2,0, University of Glamorgan, language: English, abstract: Sustainability is developing in as important target for an increasing number of industries and governments. Especially in a faster moving world, which is determined by quarterly period reports, a long term orientation can be a competitive advantage for unlisted companies. In the 1960 ́s the US Department of Defense began to develop a tool to handle increasing costs. They recognized that the purchase price was not the only important criteria. Training or maintaining costs had to be considered for the total cost calculation, too. However, several definitions of Life cycle costing (LCC) exist that tend to be similar: ’monitoring the cost incurred throughout a product’s life cycle’ (Woodward, 1997) or ‘LCC is the sum of all costs incurred during the life cycle of a building, system or product. It includes the costs of the project, development, and acquisition, operation, conservation and maintenance and salvage value if it exists.’ (Goralczyk, and Kulczycka, 2005). In the following essay several functions of life cycle costing will be drawn up. Furthermore, advantages, disadvantages and criticism of this procedure will be analyzed.