Life Cycle Costing (LCC) supports the adaptation of product features, both consumer and capital
goods, to their life cycle. The costs of production, installation, usage and disposal are analyzed and
allocated, aiming at the minimum of the total cost. A new method to calculate the life cycle costs of
capital goods, such as machines and manufacturing systems, is presented to anticipate the life cycle
costs. Single processes connected to the product’s life cycle are represented and described in a
potential-, program- and process- related way by the above mentioned life cycle costing method.
Aiming on a redesign of current product structures, it is possible to derive approaches from the cost
structures of the life cycle and also to create possibly new operational and maintenance concepts, as
well as new financing models and cooperation forms.
Life Cycle Costing (LCC) supports the adaptation of product features, both consumer and capitalgoods, to their life cycle. The costs of production, installation, usage and disposal are analyzed andallocated, aiming at the minimum of the total cost. A new method to calculate the life cycle costs ofcapital goods, such as machines and manufacturing systems, is presented to anticipate the life cyclecosts. Single processes connected to the product’s life cycle are represented and described in apotential-, program- and process- related way by the above mentioned life cycle costing method.Aiming on a redesign of current product structures, it is possible to derive approaches from the coststructures of the life cycle and also to create possibly new operational and maintenance concepts, aswell as new financing models and cooperation forms.
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