Abstract
As an extension to the investment oriented business perspectives, the evaluation and the active usage of Total Cost of Ownership (TCO) concepts are significantly gaining importance in manufacturing companies. TCO subsumes all cost portions that occur for the operator of a machine. While essential shares of the TCO (energy and maintenance) cannot be determined by static calculations, a method for a dynamic calculation of the TCO of production machines is presented. It allows a realistic calculation of the TCO by taking into account individual machine characteristics and behaviour as well as uncertainties over the entire period of ownership.
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Thiede, S., Spiering, T., Kohlitz, S., Herrmann, C., & Kara, S. (2012). Dynamic Total Cost of Ownership (TCO) calculation of injection moulding machines. In Leveraging Technology for a Sustainable World - Proceedings of the 19th CIRP Conference on Life Cycle Engineering (pp. 275–280). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-642-29069-5_47
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