Academic literature on the topic 'Life cycle costing'

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Journal articles on the topic "Life cycle costing"

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Michaux, L., and J. Gruyters. "Life Cycle Costing." European Procurement & Public Private Partnership Law Review 15, no. 1 (2020): 61–69. http://dx.doi.org/10.21552/epppl/2020/1/9.

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Norman, George. "Life cycle costing." Property Management 8, no. 4 (April 1990): 344–56. http://dx.doi.org/10.1108/eum0000000003380.

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Keuper, Frank. "Life Cycle Costing." Business + Innovation 2, no. 3 (March 2011): 3. http://dx.doi.org/10.1365/s35789-011-0021-4.

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Gille, Christian. "Life Cycle Costing." Controlling 22, no. 1 (2010): 31–33. http://dx.doi.org/10.15358/0935-0381-2010-1-31.

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Kádárová, Jaroslava, Ján Kobulnický, and Katarína Teplicka. "Product Life Cycle Costing." Applied Mechanics and Materials 816 (November 2015): 547–54. http://dx.doi.org/10.4028/www.scientific.net/amm.816.547.

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Successful performance of a company and its ability to handle growing competition is dependent on its capacity of implementing new technologies and making use of new methods of management. This report aims at cost management tool that enables controlling of costs through the whole life-cycle. Life Cycle Costing allows us to look at the start-up costs and the costs associated with the cessation of production, after-sales services costs and other expenses not taken into account in planned or operational calculation, see them as one unit and thereby evaluate the effectiveness of the product. Before establishing a production, calculation of the life-cycle costs is based on various factors which can be found in this article as well as the division of costs within the scope of calculation. It contains an example of calculation and accurate illustrations of process-based models of life-cycle costing from different points of view brought by various authors dealing with this topic, the usage of costing and the relationship with other calculations that are component parts of a company’s strategic cost management.
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Daw, Andrew J. "Systems life cycle costing." Journal of Engineering Design 23, no. 1 (January 2012): 75–76. http://dx.doi.org/10.1080/09544828.2011.623019.

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Jagdishsingh, Real, and Rahul S Patil. "Life Cycle Costing Method." IOSR Journal of Mechanical and Civil Engineering 11, no. 2 (2014): 01–05. http://dx.doi.org/10.9790/1684-11220105.

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Emblemsvag, Jan. "Activity‐based life‐cycle costing." Managerial Auditing Journal 16, no. 1 (February 2001): 17–27. http://dx.doi.org/10.1108/02686900110363447.

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Slowiak, Paul F. "Life Cycle Costing in Hospitals." Hospital Topics 63, no. 1 (February 1985): 31–33. http://dx.doi.org/10.1080/00185868.1985.9948393.

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Alexander, Keith. "Computer aided life cycle costing." Facilities 5, no. 11 (November 1987): 4–9. http://dx.doi.org/10.1108/eb006422.

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Dissertations / Theses on the topic "Life cycle costing"

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Purushotham, Vineeth. "Dynamic Life Cycle Costing." Thesis, KTH, Industriell produktion, 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-102785.

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Maintenance is an extremely important issue in the industry. Testimony to this fact is that European companies spend about 140 billion euro per year on maintenance activities. In Sweden alone, the annual cost of maintenance and related activities reaches 250 billion crowns and these costs are the costs incurred when maintenance jobs are performed and does not include the consequences of poor maintenance with which the costs would be significantly higher. The new paradigm in the manufacturing sector identifies utilization of production resources as a main competitive weapon. To meet the high demands of the industry like high efficiency, enhanced customization and high speed of delivery, a much higher operational availability and capability of production systems have to be achieved. In this context, maintenance becomes an important strategic issue. The objectives of this study are to develop a dynamic LCC model supporting decision making in the early stages of investment and production development process allowing estimating and optimizing life cycle costs of production equipment including maintenance considerations. It will give the concerned stakeholders a better chance of estimating the whole life cycle costs and select proper design alternative for new investments. It can be used as a tool for the justification of investment in Condition Based Maintenance technologies which is underestimated in present calculation models.
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Höhne, Christoph. "Life Cycle Costing - Systematisierung bestehender Studien." Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, 2010. http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-26558.

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Die vorliegende Arbeit untersucht Wesensmerkmale des Life Cycle Costing (LCC, dt. Lebenszykluskostenrechnung) und dessen Anwendung veröffentlicht in Fachzeitschriften. Aufgrund der langen Historie des LCC seit Beginn der 30er Jahre, gibt es zu dem Forschungsthema bereits eine Vielzahl theoretischer und empirischer Studien. Dennoch existiert bis heute keine einheitliche Definition oder ein standardisierter methodischer Rahmen. Das Ziel dieser Arbeit ist es, LCC zu charakterisieren und eine sinnvolle Methode für die Klassifizierung der vorhandenen Forschungsarbeiten zu identifizieren um methodische und inhaltliche Unterschiede darzustellen. Angewandt wird die Methodik des Literature Review, respektive einer Mischform explorativ-induktiver, qualitativer und quantitativer Inhaltsanalyse. Den Prozess der Charakterisierung und Systematisierung leiten folgende Fragestellungen: Was sind die Motivatoren der Anwendung von LCC in Firmen? Gibt es ein standardisiertes Konzept analog zur Ökobilanz (LCA)? Was sind die wesentlichen Vorteile von LCC? Was ist momentan unbefriedigend erforscht? Wo und in welcher Form wird LCC angewandt? Ergeben sich aus F-1 bis F-4 spezifische Anwendungsbereiche? Zu Beginn erfolgt im Sinne der Vision des Life Cycle Thinking eine Erörterung möglicher Motivationen einer Zuwendung zu LCC aus unternehmerischer Entscheidungsperspektive. Dem folgt eine umfangreiche Analyse und Diskussion der wesentlichen Charakterzüge. Ausgehend dieser Erkenntnis ist ein Analyseraster abgeleitet um die zu bewertenden Studien geeignet zu kategorisieren. Ein direktes Ergebnis stellt die Evaluierung von 34 Studien zu LCC dar. Als mittelbare Ergebnisse der Systematisierung gelten die Erkenntnisse zur Wahl einer optimierten Suchstrategie und die Schaffung eines Startpunkts für Forscher, die sich zukünftig mit Detailfragen des LCC beschäftigen.
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Zhang, Ke. "Life cycle costing for office buildings in Canada." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1999. http://www.collectionscanada.ca/obj/s4/f2/dsk2/ftp01/MQ39098.pdf.

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Emblemsvåg, Jan. "Activity-based costing in designing for the life-cycle." Thesis, Georgia Institute of Technology, 1995. http://hdl.handle.net/1853/20993.

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Krause, Marcus. "Environmental Life Cycle Costing (ELCC) für Produkte der Solarenergie." Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, 2013. http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-96963.

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Vor dem Hintergrund der zukünftigen Notwendigkeit einer nachhaltigen Energieversorgung beschäftigt sich die vorliegende Arbeit mit Technologien der regenerativen Energiequelle Solarenergie, insbesondere Photovoltaik (PV). Systeme zur Nutzung der unerschöpflich verfügbaren, sauberen und im Prinzip “frei Haus” gelieferten Energie der Sonne können eine bedeutsame Rolle in einer umweltverträglicheren Zukunft spielen. Allerdings ist die Herstellung der erforderlichen Komponenten heute i.d.R. noch energie- und kostenintensiv, weshalb für eine korrekte Bewertung dieser Technologien der gesamte Lebenszyklus betrachtet werden muss. Zur tieferen Analyse der PV wird die Methodik des Environmental Life Cycle Costing (ELCC) auf der Grundlage von drei Grundideen eingeführt. Konkret sind dies die Ausgangspunkte: Nachhaltigkeit, Lebenszyklusdenken und die Drei-Dimensionalität dieses Instrumentes durch die gemeinsame Betrachtung ökologischer, ökonomischer und technischer Aspekte in ihrem Zusammenspiel. Ausgehend von theoretischen Elementen der Ökobilanzierung (Life Cycle Assessment) und des Life Cycle Costings, verbunden mit den technischen Eigenschaften der Photovoltaik werden wichtigste Anforderungen und Schritte für die Durchführung eines ELCC für PV beschrieben. Mittels einer softwaregestützten Inhaltsanalyse wird im Anschluss der definierte Rahmen für ein ELCC für PV getestet (und modifiziert) gegen eine Auswahl von 135 bereits existierender Studien, die sich mit dem Lebenszyklus von PV-Technologien aus ökologischer und ökonomischer Sicht beschäftigen. Im Ergebnis hieraus können die wichtigsten Elemente eines ELCC für PV, wie beispielsweise ökologische Wirkungskategorien oder ökonomische Indikatoren, identifiziert werden (methodisches Feedback). In einem nächsten Schritt werden die Studien hinsichtlich ihrer “Qualität” bezogen auf ökologische, ökonomische und übergreifende Inhalte eines ELCC für PV bewertet. Auf diese Weise kann ein Inventar von Lebenszyklusanalysen für PV erstellt werden, das nach den Technologien und der inhaltlichen Qualität bezüglich eines ELCC strukturiert ist und für weitere Analysen als Grundlage dienen kann. Aus den bisherigen Ergebissen kann eine erste Einschätzung zum aktuellen Stand des ELCC für PV in der Literatur vorgenommen werden: Es existiert bereits ein großer Pool von Studien, die sich mit dem Lebenszyklus der PV beschäftigen. Mit Blick auf die Anforderungen eines ELCC für PV besteht jedoch Nachholbedarf in der Verbindung und gemeinsamen Betrachtung von hot spots und trade offs aus ökologischer und ökonomischer Perspektive. Der definierte theoretische Rahmen für ein ELCC für PV, die kodierten Studien sowie das erstellte Inventar von Lebenszyklusanalysen der PV können nun als Grundlage für weitere Analysen dienen. Insbesondere eine inhaltliche Auswertung der konkreten Ergebnisse von Studien kann so einen Benchmark und Orientierung für neue Lebenszyklusanalysen für PV-Technologien liefern<br>The special need of a sustainable energy supply in mind the technologies of the renewable source solar energy, especially photovoltaics (PV) is main subject of the present thesis. Using the inexhaustible, clean and “freely delievered” power from the sun solar devices may play a major role in a cleaner future, but, on the other hand, they are still energy consuming and expensive in their production which consequently demands a whole life cycle perspective when assessing this technology. For a closer look at PV the methodology of Environmental Life Cycle Costing (ELCC) is introduced by following three theoretical points of view. Namely these are sustainability, life cycle thinking and the three dimensional nature of this tool by regarding environmental, economic and technical aspects in their interaction. Based on theoretical elements of Life Cycle Assessment and Life Cycle Costing in combination with the technical background of photovoltaics main requirements and steps for performing an ELCC for PV are described. By executing software based content analysis the defined framework is checked (and modified) against a choice of 135 existing studies analyzing the life cycle of PV technologies from an environmental or economic perspective. As a result the main elements of an ELCC for PV, e.g. environmental impact categories and economic indicators, are identified (methodological feedback). Within the next step the existing studies are rated by their “quality” regarding the environmental, economic and more general parts of an ELCC for PV in order to create an inventory of life cycle studies for PV. This inventory is structured by technologies as well as quality of content respecting ELCC and might be used for further analyses. At this stage the results propose the possibility of a first estimate of the present status of ELCC for PV: until now there is a good pool of existing analyses of the life cycle of PV systems. But from an ELCC perspective the examination of common hot spots and trade offs between economic and environmental aspects should be expanded. The theoretical framework of ELCC for PV, the encoded studies and the inventory of life cycle analyses for PV are now the starting point for further analyses, especially of the individual outcome within studies, which will then pose a benchmark for new life cycle studies of PV technology
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Oduyemi, Olufolahan Ifeoluwa. "Life cycle costing methodology for sustainable commerical office buildings." Thesis, University of Derby, 2015. http://hdl.handle.net/10545/581569.

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The need for a more authoritative approach to investment decision-making and cost control has been a requirement of office spending for many years now. The commercial offices find itself in an increasingly demanding position to allocate its budgets as wisely and prudently as possible. The significant percentage of total spending on buildings demands a more accurate and adaptable method of achieving quality of service within the constraints on the budgets. By adoption of life cycle costing techniques with risk management, practitioners have the ability to make accurate forecasts of likely future running costs. This thesis presents a novel framework (Artificial Neural Networks and probabilistic simulations) for modelling of operating and maintenance historical costs as well as economic performance measures of LCC. The methodology consisted of eight steps and presented a novel approach to modelling the LCC of operating and maintenance costs of two sustainable commercial office buildings. Finally, a set of performance measurement indicators were utilised to draw inference from these results. Therefore, the contribution that this research aimed to achieve was to develop a dynamic LCC framework for sustainable commercial office buildings, and by means of two existing buildings, demonstrate how assumption modelling can be utilised within a probabilistic environment. In this research, the key themes of risk assessment, probabilistic assumption modelling and stochastic assessment of LCC has been addressed. Significant improvements in existing LCC models have been achieved in this research in an attempt to make the LCC model more accurate and meaningful to estate managers and high-level capital investment decision makers A new approach to modelling historical costs and forecasting these costs in sustainable commercial office buildings is presented based upon a combination of ANN methods and stochastic modelling of the annual forecasted data. These models provide a far more accurate representation of long-term building costs as the inherent risk associated with the forecasts is easily quantifiable and the forecasts are based on a sounder approach to forecasting than what was previously used in the commercial sector. A novel framework for modelling the facilities management costs in two sustainable commercial office buildings is also presented. This is not only useful for modelling the LCC of existing commercial office buildings as presented here, but has wider implications for modelling LCC in competing option modelling in commercial office buildings. The processes of assumption modelling presented in this work can be modified easily to represent other types of commercial office buildings. Discussions with policy makers in the real estate industry revealed that concerns were held over how these building costs can be modelled given that available historical data represents wide spending and are not cost specific to commercial office buildings. Similarly, a pilot and main survey questionnaire was aimed at ascertaining current level of LCC application in sustainable construction; ranking drivers and barriers of sustainable commercial office buildings and determining the applications and limitations of LCC. The survey result showed that respondents strongly agreed that key performance indicators and economic performance measures need to be incorporated into LCC and that it is important to consider the initial, operating and maintenance costs of building when conducting LCC analysis, respondents disagreed that the current LCC techniques are suitable for calculating the whole costs of buildings but agreed that there is a low accuracy of historical cost data.
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Priest, Kevin Kennett. "Life cycle costing of active and passive solar retrofits." [Gainesville, Fla.] : University of Florida, 2009. http://purl.fcla.edu/fcla/etd/UFE0024497.

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Henzel, Anne [Verfasser]. "«Life Cycle Costing» als Instrument nachhaltiger öffentlicher Auftragsvergabe / Anne Henzel." Frankfurt a.M. : Peter Lang GmbH, Internationaler Verlag der Wissenschaften, 2019. http://d-nb.info/1199773271/34.

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Underwood, James M. "Use of life cycle costing in the development of standards." Thesis, Monterey, California. Naval Postgraduate School, 1988. http://hdl.handle.net/10945/23144.

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Graham, Ruth. "Life cycle costing in spare parts procurement: a decision model." Thesis, Monterey, California. Naval Postgraduate School, 1988. http://hdl.handle.net/10945/23286.

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Life cycle costing methods can be applied to the procurement of some, but not all, spare parts. As a result, a decision model is needed to determine which spare parts should be considered for life cycle costing. This thesis discusses a decision model for determining the applicability of life cycle costing to spare part procurement. The thesis briefly reviews the application of the life cycle costing concept to the acquisition of major systems and associated spare parts. It then reviews current spare parts acquisition techniques and identifies critical criteria to be considered during the acquisition of spare parts using life cycle costing techniques. Finally, the thesis uses the identified characteristics to develop the decision model. Theses. (sdw)
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Books on the topic "Life cycle costing"

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Muthu, Subramanian Senthilkannan, ed. Life Cycle Costing. Cham: Springer Nature Switzerland, 2023. http://dx.doi.org/10.1007/978-3-031-40993-6.

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Boussabaine, Halim A., and Richard J. Kirkham, eds. Whole Life-Cycle Costing. Oxford, UK: Blackwell Publishing Ltd, 2004. http://dx.doi.org/10.1002/9780470759172.

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1962-, Hunkeler David, Lichtenvort Kerstin, Rebitzer Gerald, and SETAC-Europe, eds. Environmental life cycle costing. Boca Raton: CRC Press, 2008.

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S, Dhillon B. Life cycle costing for engineers. Boca Raton: Taylor & Francis, 2010.

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R, Yanuck Rudolph, ed. Introduction to life cycle costing. Atlanta, Ga: Fairmont Press, 1985.

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W, Bull John, ed. Life cycle costing for construction. London: Blackie Academic & Professional, 1993.

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Kirk, Stephen J. Life cycle costing for design professionals. 2nd ed. New York: McGraw-Hill, 1995.

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Roger, Flanagan, ed. Life cycle costing: Theory and practice. London: BSP, 1989.

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Ferry, Douglas J. Life cycle costing: A radical approach. London: Construction Industry Research and Information Association, 1991.

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Royal Institution of Chartered Surveyors. Quantity Surveyors Division., ed. Life cycle costing: A worked example. London: Surveyors Publications on behalf of RICS, 1987.

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Book chapters on the topic "Life cycle costing"

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Ashford, Norman, and Clifton A. Moore. "Life-Cycle Costing." In Airport Finance, 147–86. Boston, MA: Springer US, 1992. http://dx.doi.org/10.1007/978-1-4757-0686-4_8.

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Hastings, Nicholas Anthony John. "Life Cycle Costing." In Physical Asset Management, 149–58. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-14777-2_8.

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Pohl, Edward, and Heather Nachtmann. "Life Cycle Costing." In Decision Making in Systems Engineering and Management, 137–81. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2010. http://dx.doi.org/10.1002/9780470926963.ch5.

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Seeley, Ivor H. "Life Cycle Costing." In Building Economics, 308–79. London: Macmillan Education UK, 1996. http://dx.doi.org/10.1007/978-1-349-13757-2_13.

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Thumann, Albert. "Life Cycle Costing." In Energy Management and Control Systems Handbook, 277–304. Boston, MA: Springer US, 1988. http://dx.doi.org/10.1007/978-1-4684-6611-9_19.

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Ciroth, Andreas, Jutta Hildenbrand, and Bengt Steen. "Life Cycle Costing." In Sustainability Assessment of Renewables-Based Products, 215–28. Chichester, UK: John Wiley & Sons, Ltd, 2015. http://dx.doi.org/10.1002/9781118933916.ch14.

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Park, Alan. "Life Cycle Costing." In Facilities Management, 71–83. London: Macmillan Education UK, 1994. http://dx.doi.org/10.1007/978-1-349-13171-6_7.

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Park, Alan. "Life Cycle Costing." In Facilities Management, 73–86. London: Macmillan Education UK, 1998. http://dx.doi.org/10.1007/978-1-349-14879-0_7.

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Eisner, Howard. "Life Cycle Costing." In Systems Engineering: Building Successful Systems, 52–55. Cham: Springer International Publishing, 2011. http://dx.doi.org/10.1007/978-3-031-79336-3_14.

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Ammons, David N., and Dale J. Roenigk. "Life-cycle costing." In Tools for Decision Making, 263–71. 3rd ed. London: Routledge, 2021. http://dx.doi.org/10.4324/9781003129431-25.

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Conference papers on the topic "Life cycle costing"

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Walker, Cameron, and Jennifer Gleisberg. "Making It Last: an Interactive Lifecycle Calculator for Selecting Water Tank Coatings." In CONFERENCE 2023, 1–10. AMPP, 2023. https://doi.org/10.5006/c2023-19199.

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Abstract Selection and management of coating systems for the interior and/or exterior of a water tank is no easy feat. Owners must consider different factors including cost, lifecycle, and environmental impact when making decisions about coatings. The process of selecting a coating system and maintenance plan for a steel water tank is often based solely on personal opinions about the proposed system's value. These opinions can be limited in scope and hard to verify with data. In recent years, the industry has recognized life cycle costing (LCC) as a method of decision-making for owners and engineers to determine the most economical and sustainable solution for their asset in terms of corrosion protection. AWWA1 D102-21, Coating Steel Water-Storage Tanks, recommends the aid of an economic review using a life cycle costing analysis (LCCA) to determine the best suited course of action for coating and maintaining a steel welded water tank. A collection of multiple industry papers and resources, including the recently published paper “Separating Fact from Fiction - AWWA D102 Coating Service Life” provide unbiased historical data on which coating service life and costing can be extrapolated. Using these resources, an accurate life cycle analysis (LCA) can be completed for any water tank asset. After reading this paper, the reader will have a general understanding of where to locate accurate resources for critical inputs on water tanks, the life cycle costing and environmental analysis process, and how to use a life cycle analysis as a tool for asset management.
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Iwawaki, Hirohito, Yoshio Kawauchi, Masaaki Muraki, Shinobu Matsuoka, and Duane Evans. "Life Cycle Costing (LCC) Based Decision Making for Reactor Effluent Air Coolers in Refineries." In CORROSION 2002, 1–10. NACE International, 2002. https://doi.org/10.5006/c2002-02483.

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Abstract This paper addresses the applicability of Activity Based Costing(ABC) methodology for Life Cycle Cost (LCC) based decision making in refinery facilities. In process plant facilities suffering wet corrosion problem, LCC assessment is quite difficult because the parameters influencing LCC are very complicated and have synergistic effects of both process and metallurgical aspects on facility life. This paper presents the case study of LCC assessment using ABC for Reactor Effluent Air Coolers(REAC) of hydroprocessing units in refineries, which suffer wet ammonium bisulfide(NH4HS) corrosion. As the result of the assessment, it was found that ABC could lead to usable options to support decision making to minimize LCC of REAC by analyzing operation parameters and maintenance activities affecting wet NH4HS corrosion.
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Reina, Michael P., Kirk R. Shields, and Michael F. MeLampy. "Costing Considerations for Maintenance and New Construction Coating Work." In CORROSION 1998, 1–27. NACE International, 1998. https://doi.org/10.5006/c1998-98509.

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Abstract This paper updates “Updated Protective Coating Costs, Products, and Service Life”(1) on protective coating costing and selection co-authored by G. H. Brevoort, M. F. MeLampy and K. R. Shields. Beginning with this edition, data collection and publication will be co-authored by K. R. Shields, M. F. MeLampy and M. P. Reina. Designed to assist the coatings engineer or specifier in identifying suitable protective coating systems for specific industrial environments, this paper provides guidelines for calculating approximate installed costs, expected coating life for each identified system, and how to determine the most cost-effective systems. The effect of maintenance sequences on long-term costs and system performance is also reviewed. New features of this paper include life-cycle and material costs for hot dip galvanizing. Included in the paper are 1) most commonly used generic systems in typical industrial environments, 2) service life for each, 3) current material costs, and 4) current field and shop painting costs. Guidelines for developing long-term life-cycle costs, and number of paintings for the expected life of the structure are included. The basic elements of economic analysis and justification, and how to prepare a Present Value Analysis are also addressed. Worksheets and examples are provided to aid the reader in the proper use of the information.
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Shah, Y. M., and J. D. Redmond. "Life-Cycle Cost Comparison of Alternative Materials for FGD Components." In CORROSION 1987, 1–13. NACE International, 1987. https://doi.org/10.5006/c1987-87247.

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Abstract Life-cycle cost analyses of the use of stainless steels and other corrosion-resistant alloys were compared with those of lined carbon steel in the construction of FGD components. The life-cycle cost analysis included all the cost components which are affected by the materials of construction and was based on standard costing procedures followed by the utility industry. Although the capital costs of the FGD components constructed of stainless steel and corrosion-resistant alloys are generally higher than those of the lined carbon steel components, the life-cycle costs are less in most cases, often substantially less. The additional benefits of using better construction materials are improved reliability and reduced downtime; even a minor improvement in these areas can add substantially to the life-cycle cost savings. The savings can be further increased by optimizing selection of materials for individual components by matching the operating environment of the component and the mechanical characteristics of the materials. Extensive field experience confirms the favorable conclusions of the study.
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Peter Ault, J., and Jayson Helsel. "Practical Application of Lifecycle Costing of Coating Systems - Effectively Using Forecasted Service Life and Cost Consideration Data." In CONFERENCE 2023, 1–7. AMPP, 2023. https://doi.org/10.5006/c2023-19210.

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Abstract “Expected Service Life and Cost Considerations for Maintenance and New Construction Protective Coating Work” has been published and presented bi-annually at legacy NACE International Conferences since 1998 and has become one of the most referenced documents for conducting comparative lifecycle costing of protective coating systems across various structures and service environments. However, practical application of the data can be challenging. This paper and presentation provide examples of how to determine the expected service life and maintenance painting sequence and calculate life cycle cost to examine various coating options for industrial painting projects. The service life and cost data are based on the most recent update to the white paper “Expected Service Life and Cost Considerations for Maintenance and New Construction Protective Coating Work,” co-authored by J. L. Helsel and R. Lanterman, which was presented at the AMPP 2022 annual conference. The sample projects include a new bridge structure and an existing chemical production facility. Various coating systems are selected for evaluation, with the expected service life of candidate systems based on the assumed maintenance painting sequences. The life cycle costs are estimated based on the forecasted service life of the coating systems, the prevailing service environment and design life of the structure/facility. The examples will illustrate how different circumstances affect the life cycle cost tradeoffs.
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Broomfield, John P. "A Web Based Tool for Selecting Repair Options and Life Cycle Costing of Corrosion Damaged Reinforced Concrete Structures." In CORROSION 2005, 1–10. NACE International, 2005. https://doi.org/10.5006/c2005-05254.

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Abstract The UK concrete repair industry is believed to turn over $2 billion per annum, more than 3% of the entire UK construction industry turnover. While many structures are well maintained within a suitable management program, a number of owners do not have the resources to cope effectively when presented with a one off problem, their first or their only case of reinforcement corrosion. This paper described a new web based tool to guide the user through the process of: prediction of time to chloride or carbonation induced reinforcement corrosion,the selection of effective repair options,the budget costing of repair optionslife cycle costing of the chosen repair options Examples of its application are given for both carbonation and chloride induced corrosion. Elements of the tool can be used independently or sequentially, depending upon the requirements and expertise of the user and on the available information from the structure under evaluation. Costs for different techniques have been developed by a peer group of UK contractors, consultants and materials suppliers. Although given in British Pounds they can be used by simple exchange rate conversion in other countries if no better local data are available. Costs should be considered comparative budget prices rather than absolute values. Case studies are given where the paper has been applied to reinforced concrete structures suffering from chloride and from carbonation induced corrosion. The studies show that by quantitative analysis of good quality survey data the costs and advantages of different repair options can be analysed objectively.
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Helsel, Jayson L., Michael F. Melampy, and Kirk Wissmar. "Expected Service Life and Cost Considerations for Maintenance and New Construction Protective Coating Work." In CORROSION 2006, 1–21. NACE International, 2006. https://doi.org/10.5006/c2006-06318.

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Abstract This paper is a significant update to “Costing Considerations for Maintenance and New Construction Coating Work”1 on protective coating costing and selection co-authored by M. F. Melampy, M. P. Reina and K. R. Shields in 1998. Designed to assist the coatings engineer or specifier in identifying suitable protective coating systems for specific industrial environments, this paper provides guidelines for calculating approximate installed costs of coating systems, expected coating service lives for each system identified, and methods for determining the most cost-effective systems to use. The effect of maintenance sequences on long-term costs and system performance is also reviewed. Significant updates to the 1998 paper include streamlining the number of coating systems to better correspond with systems most commonly used today, a simplification of service environments to correspond with ISO classifications, and a more practical coating maintenance schedule. Included in the paper are 1) most commonly used generic coating systems in typical service environments, 2) service life for each, 3) current material costs, and 4) current field and shop painting costs. Guidelines for developing long-term life-cycle costs and number of paintings for the expected life of the structure are included. The basic elements of economic analysis and justification are addressed together with guidance on the preparation of a Present Value Analysis. Worksheets and examples are provided to aid the reader in the proper use of the information.
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Northart, Jack F. "Utility Chromium Stainless Steels in the Transportation Industry." In CORROSION 1998, 1–9. NACE International, 1998. https://doi.org/10.5006/c1998-98624.

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Abstract The advantages of stainless steel in the Transportation Industry have been well documented over the last two decades. Benefits have been based on fractional maintenance costs, improved operational efficiency, and favorable life cycle cost. The bus and coach industry, as well as rail and trucking industry applications have all exhibited excellent histories utilizing stainless steels. The introduction of the new generation utility ferritic stainless steels, (11%-12% Chromium, or Cr12) has led to a new and major benefit, which is driving the use of stainless steels in the transportation industry to new heights. Application of these corrosion resistant, utility steels in coal hopper cars, bus underframes, truck bodies and chassis, and even some European car chassis, has reshaped the thinking of those interested in excellent life cycle costing.
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Agarwal, Arun S., Narasi Sridhar, Gerry Koch, and Abdulhameed Al-Hashem. "Optimized Costing of Corrosion Control Methods in Oil and Gas Facilities: a Case Study." In CORROSION 2018, 1–14. NACE International, 2018. https://doi.org/10.5006/c2018-10593.

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Abstract In this work, a case study for the Life Cycle Costing (LCC) analysis to quantify and compare different corrosion mitigation methods based on their effectiveness and make an informed decision on the strategies to minimize the costs due to corrosion is presented. The LCC for corrosion constitutes the costs of corrosion monitoring and control, the equipment replacement costs, and the loss of production due to down time. In this work, the corrosion rates encountered in a gas gathering facility is assessed based on data provided in corrosion monitoring and inspection reports. The effects of employed corrosion control strategies on observed corrosion rate values are analyzed to develop a quantitative estimation of their effectiveness. A model is developed to calculate a resulting corrosion rate based on a selected combination of corrosion control methods. An economic analysis is then performed to include all elements for corrosion costs. The process is repeated for scenarios with better corrosion control and the optimal LCC strategy is proposed by comparison of various scenarios.
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Brevoort, Gordon H., Michael F. MeLampy, and Kirk R. Shields. "Updated Protective Coating Costs, Products, and Service Life." In CORROSION 1996, 1–21. NACE International, 1996. https://doi.org/10.5006/c1996-96477.

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Abstract This paper updates “The Paint and Coatings Cost and Selection Guide”(1) on protective coating costing and selection co-authored by G. H. Brevoort and A. H. Roebuck. Beginning with this edition, data collection and publication will be co-authored by G. H. Brevoort and M. F. MeLampy and K. R. Shields. Designed to assist the coatings engineer or specifier in identifying suitable protective coating systems for specific industrial environments, this paper provides guidelines for calculating approximate installed costs, expected coating life for each identified system, and how to determine the most cost-effective systems. The effect of maintenance sequences on long-term costs and system performance is also reviewed. New features of this paper include the Paint Removal Multiplier Table showing the approximate impact on cost when removal of paints is required, and the Variation Multiplier Table, giving multipliers to adjust the base coating cost to reflect structure size, height and component(s) type. Information on the use of metallizing is also included. Practical information provides assistance in understanding the economies of job size, as well as comparing maintenance vs. new construction. Included in the paper will be 1) most commonly used generic systems in typical industrial environments, 2) service life for each, 3) current material costs, and 4) current field and shop painting costs. Guidelines for developing long-term life-cycle costs, and number of paintings for the expected life of the structure are included. The basic elements of economic analysis and justification and how to prepare a Present Value Analysis are also included.
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Reports on the topic "Life cycle costing"

1

Ruegg, Rosalie T. Life-cycle costing for energy conservation in buildings:. Gaithersburg, MD: National Institute of Standards and Technology, 1989. http://dx.doi.org/10.6028/nist.ir.89-4129.

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Ruegg, Rosalie T., and Stephen R. Petersen. Life-cycle costing for energy conservation in buildings:. Gaithersburg, MD: National Institute of Standards and Technology, 1989. http://dx.doi.org/10.6028/nist.ir.89-4130.

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Ruegg, Rosalie T., and Stephen R. Petersen. Life-cycle costing for energy conservation in buildings:. Gaithersburg, MD: National Institute of Standards and Technology, 1992. http://dx.doi.org/10.6028/nist.ir.4778.

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Fuller, Sieglinde K., and Stephen R. Petersen. Life-cycle costing workshop for energy conservation in buildings:. Gaithersburg, MD: National Institute of Standards and Technology, 1994. http://dx.doi.org/10.6028/nist.ir.5165-1.

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Fuller, Sieglinde K., and Stephen R. Petersen. Life-cycle costing manual for the federal energy management programs. Gaithersburg, MD: National Institute of Standards and Technology, 1996. http://dx.doi.org/10.6028/nist.hb.135-1995.

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Kneifel, Joshua, and David Webb. LIFE CYCLE COSTING MANUAL for the Federal Energy Management Program. National Institute of Standards and Technology, April 2022. http://dx.doi.org/10.6028/nist.hb.135e2022.

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Kneifel, Joshua D. LIFE CYCLE COSTING MANUAL for the Federal Energy Management Program. Gaithersburg, MD: National Institute of Standards and Technology, 2022. http://dx.doi.org/10.6028/nist.hb.135e2022-upd1.

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Fuller, Sieglinde K., Amy S. Rushing, and Gene M. Meyer. Project-oriented life-cycle costing workshop for energy conservation in buildings. Gaithersburg, MD: National Institute of Standards and Technology, 2001. http://dx.doi.org/10.6028/nist.ir.6806.

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Fuller, Sieglinde K., Amy S. Rushing, and Gene M. Meyer. Project-oriented life-cycle costing workshop for energy conservation in buildings. Gaithersburg, MD: National Institute of Standards and Technology, 2002. http://dx.doi.org/10.6028/nist.ir.6806r2002.

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Fuller, Sieglinde K., Amy S. Rushing, and Gene M. Meyer. Project-oriented life-cycle costing workshop for energy conservation in buildings. Gaithersburg, MD: National Institute of Standards and Technology, 2004. http://dx.doi.org/10.6028/nist.ir.6806r2004.

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