scholarly journals A Literature Review of Life Cycle Costing in the Product-Service System Context

Procedia CIRP ◽  
2016 ◽  
Vol 47 ◽  
pp. 186-191 ◽  
Author(s):  
Marianna Lena Kambanou ◽  
Mattias Lindahl
2021 ◽  
Vol 1 ◽  
pp. 1827-1836
Author(s):  
Jannik Alexander Schneider ◽  
Johanna Wurst ◽  
Ines Gruetzmann ◽  
Iryna Mozgova ◽  
Roland Lachmayer

AbstractEstimating the costs of products during development to design a cost efficent product is a well established process. But in the case of Product-Service Systems estimating the costs of the individual product is not sufficent. Instead it is necessary to calculate the cost incured over the entire life cycle of the product. Because with Product-Service Systems the majority of costs is not incurred during manufacturing of the product but instead during the operation. One of the major cost components accruing during the operation of the product are the maintennace costs. Therefore, current life cycle costing models show the impoact of component design on the maintennace cost of the Product-Service System. But they do not show how different maintennace strategies that can have an impact on the overall life cycle costs of the Product-Service System. Thus, this paper shows a method for the implementation of different maintennace strategies into life cycle costing and applies it in an industrial use case.


Author(s):  
Jannik Alexander Schneider ◽  
Iryna Mozgova ◽  
Roland Lachmayer

AbstractWith the spread of product-service systems as business models the life cycle costs are of increasing importance as a measurement of product cost. A key factor that drives these costs is the desired reliability of the products used to provide the service. Since the customer usually expects as uninterrupted service availability, it is imperative to achieve the the required reliability. Therefore a large variety of methods has been developed to maximize the reliability of a product. But these approaches focus on the maximization of the reliability and disregard the resulting product costs. This can lead to designs that over perform concerning their reliability requirements but also exceed their target costs. Which will result in the product-service system not being competitive in the marketplace or lowering the company's profit. This paper shows an approach on how to use markov chains to enable a quick comparison of life cycle costs from different product-service system designs With this it will be possible to make better informed decisions about the costs of a system while still meeting the reliability targets.


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