mining equipment life cycle costing ppt

    Optimizing the Life Cycle of PennDOT Equipment

    Optimizing the Life Cycle of PennDOT Equipment FINAL REPORT 6/23/2014 By Vance & Renz, LLC Robert J Vance Michael S Renz Michael A Coccia Pennoni Associates, Inc Perry Croyle SF & Company James J Karchner COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF TRANSPORTATION CONTRACT # 355I01 PROJECT # 110601.

    Electric LHDs in Underground Hard Rock Mining: A Cost

    review and a life cycle cost model This analysis would then serve to either justify or preclude the use of eLHDs as a solution to the issues associated with diesel machinery in underground mining systems The key motive behind this study is to potentially improve working conditions in Australian underground min.

    Fundamentals of Asset Management

    Fundamentals of Asset Management 5 Concepts of cost particularly useful to AM Current replacement cost - The full cost to replace an asset in its current operating environment Life cycle cost - The total cost of an item throughout its life, including the costs of planning, design, acquisition, operations, maintenance, and.

    Acquisition by RPM of iSolutions

    May 16, 2016· While there are many economic variables mining executives cannot control, like global exchange rates and commodity prices, one cost they are firmly in command of is the maintenance and life cycle.

    Mining Equipment Costing

    Various important aspects of mining equipment costing are covered in the chapter Some of the topics covered include reasons for mining equipment costing, methods for making mining equipment investment decisions, cost estimation models for mining equipment, life cycle costing concept, and life cycle cost estimation models for mining equipment.

    (PDF) Reliability and Life Cycle Cost Modelling of Mining

    Reliability and Life Cycle Cost Modelling of Mining Drilling Rigs , Hussan Saed Hamodi Al-Chalabi Reliability and Life Cycle Cost Modelling of Mining , 124 System life cycle costing.

    mining equipment life cycle costing charts

    Archer Mining and Equipment Costing and Cash Flow System Equipment Costing for the Mining Industry: Monitor expemnses per machine and category, predict costs, cut losses! , and Lubrication Life Cycle Costs per 1000 hours »More detailed.

    Life Cycle Presentation2[1]

    Product Support Equipment Selection ¾Identify the Industry (ex mining) ¾Identify Site Emissions Requirements ¾Determine Application (ex load and carry) ¾Identify Working Material (ex abrasiveness) ¾Determine Operating Environment (ex elevation) ¾Determine Production Needs C at er p i ll ar s D ealer s, en ab le d w i t h so f t w a r e sys t e m s.

    Life Cycle Cost & Reliability

    Figure 1: Life Cycle Costing Process The basic tree for LCC starts with the costs for acquisition and the costs for sustaining the acquisition during its life as shown in Figure 2 Life Cycle Cost Tree Acquisition Costs Sustaining Costs Figure 2: Top Levels Of LCC Tree Frequently the cost of sustaining equipment is 2 to 20 times the acquisition.

    life cycle costing

    Dec 09, 2014· Definition Life cycle costing is defined as the total cost throughout its life including planning, design, acquisition & support costs & any other costs directly attributable to owning / using the asset Category of LCC Capital assets : •Initial costs •Operating costs •Disposal costs LIFE CYCLE COSTING 4.

    How to calculate the life cycle cost of equipment

    Jul 28, 2019· Today we know life cycle cost as a highly useful analytical tool that can help you minimise waste and optimise energy efficiency, especially when incorporated into a fully customised computerised maintenance management system (CMMS) Why you need to calculate the life cycle cost of equipment.

    Reliability Engineering

    input to Life Cycle Costing (LCC) 7 During development, continues to update reliability predictions and prepares reliability test plans 8 During pre-production, verifies reliability of subsystems and entire system through various types of testing Important Aspects of Reliability Engineering (Cont) 10 What do Reliability Engineers Do?.

    Life-Cycle Cost Analysis (LCCA)

    NIST Handbook 135 Life-Cycle Costing for the Federal Energy Management Program explains and amplifies the LCC rules of 10 CFR § 436, Subpart A The Annual Supplement to Handbook 135, Energy Price Indices and Discount Factors for Life-Cycle Cost Analysis, updated annually on April 1, provides the FEMP discount rat The same publication.

    Achieving Success through Value Engineering: A Case Study

    can be compared using life-cycle costing because the alternatives for each project component are defined to satisfy the same basic function or set of functions When the alternatives all satisfy the required function, then the best value alternative can be identified by comparing the first costs and life-cycle costs of each alternative.

    Reliability Engineering

    input to Life Cycle Costing (LCC) 7 During development, continues to update reliability predictions and prepares reliability test plans 8 During pre-production, verifies reliability of subsystems and entire system through various types of testing Important Aspects of Reliability Engineering (Cont) 10 What do Reliability Engineers Do?.

    (PDF) Reliability and Life Cycle Cost Modelling of Mining

    Reliability and Life Cycle Cost Modelling of Mining Drilling Rigs , Hussan Saed Hamodi Al-Chalabi Reliability and Life Cycle Cost Modelling of Mining , 124 System life cycle costing.

    An analysis of maintenance strategies and development of

    An analysis of maintenance strategies and development of a model for strategy formulation , CHALMERS UNIVERSITY OF TECHNOLOGY Göteborg, Sweden, 2012 An analysis of maintenance strategies and development of a model for strategy formulation

    Overview: What is Life Cycle Costing? Introduction This Life Cycle Costing Tool has been developed to assist asset managers in decision making based on performing a systematic assessment of the life cycle costs of selected water and wastewater assets.

    Life-Cycle Cost Analysis & Optimizing Sustainable Construction

    Apr 26, 2016· DIY how to kill crabgrass My crabgrass is not dying How to prevent and control crabgrass

    Mar 28, 2012· Life Cycle Costing modelLCC model is an accounting structure containing terms and factors which enableestimation of an assets component costs• The LCC model should:1) Represent characteristics of the assets being analyzed2) It should be comprehensive3) It should be easily understood 8 THE LIFE CYCLE COSTING PROCESS 9.

    Life Cycle Cost Estimating for Surface Mining Equipment

    About Heavy Mobile Equipment Benchmarking HME Benchmark began when Michael Currie realized that the program he developed in his consulting practice would be perfect for fleet and equipment managers to use in their operations Michael Currie is a recognized leader in applying life cycle cost (LCC) analysis to mobile equipment, and provides products and services based on LCC principles to.

    Life Cycle Costing

    Life Cycle Costing Carefully considered Life Cycle Costing Cost of operation exceeds building value Lifespan of Building Resources committed: Mining, Manufacturing, Energy, Labor Recycle components / Construction Disposal Demolition yg Added value Factors to consider: Initial cost Daily or typical maintenance costs Energy costs Regular but.

    pwcau Productivity and Cost Management

    mining industry Australia has some of the world’s largest coal reserves, but is , Equipment Availability Life-Cycle Cost CapitalCost Maintenance Cost Operating Cost Preventive & Predictive Mtce , Productivity and cost management in the mining industry.

    Analysis of Fleet Replacement Lifecycle

    Analysis of Fleet Replacement Lifecycle Project #12-14 Prepared by , point in the vehicle or equipment’s life when the sum of all ownership and , Life Cycle Costing One of the most important considerations in developing a fleet replacement.