Abstract
As an extension to the investment oriented business perspectives, the evaluation and the active usage of Total Cost of Ownership (TCO) concepts are significantly gaining importance in manufacturing companies. TCO subsumes all cost portions that occur for the operator of a machine. While essential shares of the TCO (energy and maintenance) cannot be determined by static calculations, a method for a dynamic calculation of the TCO of production machines is presented. It allows a realistic calculation of the TCO by taking into account individual machine characteristics and behaviour as well as uncertainties over the entire period of ownership.
Original language | English |
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Title of host publication | Leveraging Technology for a Sustainable World |
Subtitle of host publication | Proceedings of the 19th CIRP Conference on Life Cycle Engineering, University of California at Berkeley, Berkeley, USA, May 23 - 25, 2012 |
Editors | Barbara S. Linke, David A. Dornfeld |
Place of Publication | Berlin, Heidelberg |
Publisher | Springer |
Pages | 275-280 |
Number of pages | 6 |
ISBN (Electronic) | 978-3-642-29069-5 |
ISBN (Print) | 978-3-642-29068-8 |
DOIs | |
Publication status | Published - 1 Jan 2012 |
Externally published | Yes |
Event | 19th CIRP Conference on Life Cycle Engineering, LCE 2012: Leveraging Technology for a Sustainable World - Berkeley, United States Duration: 23 May 2012 → 25 May 2012 |
Conference
Conference | 19th CIRP Conference on Life Cycle Engineering, LCE 2012 |
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Country/Territory | United States |
City | Berkeley |
Period | 23/05/12 → 25/05/12 |
Keywords
- Energy efficiency
- Injection moulding
- Life cycle costing
- Total Cost of Ownership