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Life Cycle Cost Model for Considering Fleet Utilization in Early Conceptual Design Phases

Publikation: Beitrag in FachzeitschriftKonferenzaufsatz in FachzeitschriftForschungPeer-Review

Autorschaft

  • Florian Johannknecht
  • Matthias M. Gatzen
  • Roland Lachmayer

Externe Organisationen

  • Baker Hughes INTEQ
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Details

OriginalspracheEnglisch
Seiten (von - bis)68-72
Seitenumfang5
FachzeitschriftProcedia CIRP
Jahrgang48
PublikationsstatusVeröffentlicht - 27 Juli 2016
Veranstaltung23rd CIRP Conference on Life Cycle Engineering, LCE 2016 - Berlin, Deutschland
Dauer: 22 Mai 201624 Mai 2016

Abstract

Cost prediction is commonly used when making decisions during the product development process. Oil and gas service companies must consider all life cycle costs for their business models. In addition to capital and operational expenditures, consideration of product utilization is essential. The cost of product failures, maintenance and repairs greatly impact the overall cost model. This paper describes an approach for simulating service availability and corresponding necessary fleet sizes based on existing life cycle cost models. A detailed case study presents the model viability and highlights key leverage points for cost reductions.

ASJC Scopus Sachgebiete

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Life Cycle Cost Model for Considering Fleet Utilization in Early Conceptual Design Phases. / Johannknecht, Florian; Gatzen, Matthias M.; Lachmayer, Roland.
in: Procedia CIRP, Jahrgang 48, 27.07.2016, S. 68-72.

Publikation: Beitrag in FachzeitschriftKonferenzaufsatz in FachzeitschriftForschungPeer-Review

Johannknecht F, Gatzen MM, Lachmayer R. Life Cycle Cost Model for Considering Fleet Utilization in Early Conceptual Design Phases. Procedia CIRP. 2016 Jul 27;48:68-72. doi: 10.1016/j.procir.2016.03.112
Johannknecht, Florian ; Gatzen, Matthias M. ; Lachmayer, Roland. / Life Cycle Cost Model for Considering Fleet Utilization in Early Conceptual Design Phases. in: Procedia CIRP. 2016 ; Jahrgang 48. S. 68-72.
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