The importance of considering fleet size in the lifecycle cost analysis of product service systems

Research output: Contribution to journalConference articleResearchpeer review

Authors

  • Jannik Alexander Schneider
  • Matthias Gatzen
  • Roland Lachmayer

External Research Organisations

  • Baker Hughes INTEQ
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Details

Original languageEnglish
Pages (from-to)1365-1374
Number of pages10
JournalProceedings of the Design Society: DESIGN Conference
Volume1
Publication statusPublished - 11 Jun 2020
Event16th International Design Conference - Virtual, Online
Duration: 26 Oct 202029 Oct 2020
Conference number: 16

Abstract

The use of product-service systems business models is increasing in today's economy. Because the products that provide the service to the customers incur cost during their lifetime, the method of lifecycle costing finds wide-spread use. However, this paper shows the current methods have some inaccuracies when determining lifecycle costs. The methods do not consider the required number of products necessary to provide the offered service to the customers. This paper describes a new framework for lifecycle costing that includes these cost components.

Keywords

    cost management, design evaluation, lifecycle costing, product-service systems (PSS)

ASJC Scopus subject areas

Cite this

The importance of considering fleet size in the lifecycle cost analysis of product service systems. / Schneider, Jannik Alexander; Gatzen, Matthias; Lachmayer, Roland.
In: Proceedings of the Design Society: DESIGN Conference, Vol. 1, 11.06.2020, p. 1365-1374.

Research output: Contribution to journalConference articleResearchpeer review

Schneider, JA, Gatzen, M & Lachmayer, R 2020, 'The importance of considering fleet size in the lifecycle cost analysis of product service systems', Proceedings of the Design Society: DESIGN Conference, vol. 1, pp. 1365-1374. https://doi.org/10.1017/dsd.2020.284
Schneider, J. A., Gatzen, M., & Lachmayer, R. (2020). The importance of considering fleet size in the lifecycle cost analysis of product service systems. Proceedings of the Design Society: DESIGN Conference, 1, 1365-1374. https://doi.org/10.1017/dsd.2020.284
Schneider JA, Gatzen M, Lachmayer R. The importance of considering fleet size in the lifecycle cost analysis of product service systems. Proceedings of the Design Society: DESIGN Conference. 2020 Jun 11;1:1365-1374. doi: 10.1017/dsd.2020.284
Schneider, Jannik Alexander ; Gatzen, Matthias ; Lachmayer, Roland. / The importance of considering fleet size in the lifecycle cost analysis of product service systems. In: Proceedings of the Design Society: DESIGN Conference. 2020 ; Vol. 1. pp. 1365-1374.
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