... be used to build a life cycle cost model for S&Cs. Practical implications Cost identification is a first step in finding a way to organize maintenance in a more cost‐effective way. Originality/value The paper shows a way to distribute costs (in the accounting system) down to individual...

.... The report includes the formulation of repair equations, which relate tractor repair cost as a percentage of initial purchase prices to cumulative hours of use. Life cycle costs of three commonly‐used tractors were also estimated. The derived equations, which showed that the repair costs per hour increased...

...‐in life cycle costs, RAMS (reliability, availability, maintainability and supportability) characteristics, as well as on the effectiveness and efficiency of the product exploitation and support processes. In general, product support is a source of income for the manufacturer. In a functional product...

... complexity, reduced product reliability compared to an earlier model, by changed or more intensive product use, or by changed customer needs and conditions. The product will be more attractive if it is designed for low life‐cycle costs (LCC), minimal required support, and optimal support delivery...

...Tore Markeset; Uday Kumar Most industrial customers are looking for products that meet the functional performance needs and have predictable life cycle cost (LCC). Due to design problems and poor product support, these systems are not able to meet the customers' requirements. Major causes...