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Machining Equipment Life Cycle Costing Model with Dynamic Maintenance Cost
Mälardalen University, School of Innovation, Design and Engineering, Innovation and Product Realisation. Volvo Construction Equipment, Eskilstuna, Sweden.ORCID iD: 0000-0002-0729-0122
Mälardalen University, School of Innovation, Design and Engineering, Innovation and Product Realisation. Swerea IVF, Mölndal, Sweden.ORCID iD: 0000-0001-9068-3527
2016 (English)In: Procedia CIRP, ISSN 2212-8271, E-ISSN 2212-8271, Vol. 48, 102-107 p.Article 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, 102-107 p.
Keyword [en]
Life Cycle Costing, Total cost of ownership, sustainable manufacturing, Maintenance management, equipment design
National Category
Production Engineering, Human Work Science and Ergonomics
Identifiers
URN: urn:nbn:se:mdh:diva-32891DOI: 10.1016/j.procir.2016.03.110ISI: 000385400300018Scopus ID: 2-s2.0-84985906469OAI: oai:DiVA.org:mdh-32891DiVA: diva2:955723
Conference
23rd CIRP Conference on Life Cycle Engineering, Berlin 22nd till the 24th of May 2016
Available from: 2016-08-26 Created: 2016-08-24 Last updated: 2017-11-28Bibliographically approved

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Bengtsson, MarcusKurdve, Martin

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CiteExportLink to record
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  • Other style
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  • de-DE
  • en-GB
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