Publisher: Trans Tech Publications
E-ISSN: 1662-7482|2015|816|547-554
ISSN: 1660-9336
Source: Applied Mechanics and Materials, Vol.2015, Iss.816, 2015-12, pp. : 547-554
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
Successful performance of a company and its ability to handle growing competition is dependent on its capacity of implementing new technologies and making use of new methods of management. This report aims at cost management tool that enables controlling of costs through the whole life-cycle. Life Cycle Costing allows us to look at the start-up costs and the costs associated with the cessation of production, after-sales services costs and other expenses not taken into account in planned or operational calculation, see them as one unit and thereby evaluate the effectiveness of the product. Before establishing a production, calculation of the life-cycle costs is based on various factors which can be found in this article as well as the division of costs within the scope of calculation. It contains an example of calculation and accurate illustrations of process-based models of life-cycle costing from different points of view brought by various authors dealing with this topic, the usage of costing and the relationship with other calculations that are component parts of a company’s strategic cost management.
Related content
Optimization of Products Life Cycle
Applied Mechanics and Materials, Vol. 2015, Iss. 770, 2015-07 ,pp. :
The Development of Concrete Life Cycle Assessment System
Applied Mechanics and Materials, Vol. 2015, Iss. 752, 2015-05 ,pp. :
Prediction of Low Cycle Fatigue Life Using Cycles Jumping Integration Scheme
Applied Mechanics and Materials, Vol. 2015, Iss. 784, 2015-09 ,pp. :
The Evaluation of Low-Carbon Building Based in Whole Life Cycle Theory
Applied Mechanics and Materials, Vol. 2015, Iss. 733, 2015-04 ,pp. :