Overview
The life cycle cost is the sum of all costs incurred during the life time of an item. In today's global economy, the procurement decisions of many engineering products are not entirely made on initial procurement costs alone but on their life cycle costs. Past experiences indicate that product ownership cost often exceeds the procurement cost. Eliminating the need to consult many different sources, this book brings together useful, up-to-date life cycle costing concepts for various industrial sectors. It explores the economics of life cycle costing, presents introductory engineering reliability and maintainability concepts, and includes numerous examples with solutions.
Full Product Details
Author: B.S. Dhillon
Publisher: Taylor & Francis Inc
Imprint: CRC Press Inc
Dimensions:
Width: 15.60cm
, Height: 1.80cm
, Length: 23.40cm
Weight: 1.000kg
ISBN: 9781439816882
ISBN 10: 1439816883
Pages: 222
Publication Date: 26 October 2009
Audience:
Professional and scholarly
,
College/higher education
,
Professional & Vocational
,
Tertiary & Higher Education
Format: Hardback
Publisher's Status: Active
Availability: In Print
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Reviews
... very concise, quite short, and easy to follow. ... The text is nicely supported with figures, equations and example problems. ... I would recommend it as a great source for a wide range of life cycle cost models and especially as a source to understand and be able to relate one model to another. It would make an ideal textbook for an undergraduate course on life cycle costing and as a resource for a practitioner in the industrial/manufacturing industry that needs a suite of potential life cycle cost models with which to make capital equipment and facility spending decisions on a life cycle cost basis. -Professor Douglas Gransberg, University of Oklahoma
... very concise, quite short, and easy to follow. ... The text is nicely supported with figures, equations and example problems. ... I would recommend it as a great source for a wide range of life cycle cost models and especially as a source to understand and be able to relate one model to another. It would make an ideal textbook for an undergraduate course on life cycle costing and as a resource for a practitioner in the industrial/manufacturing industry that needs a suite of potential life cycle cost models with which to make capital equipment and facility spending decisions on a life cycle cost basis. -Professor Douglas Gransberg, University of Oklahoma
Author Information
B.S. Dhillon is a professor in the Department of Mechanical Engineering at the University of Ottawa.
