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Maintenance Costs and Life Cycle Cost Analysis

By: (Author) Diego Galar , (Author) Peter Sandborn , (Author) Uday Kumar

Werezi Extended Catalogue
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Ksh 33,300.00

Format: Hardback or Cased Book

ISBN-10: 1498769543

ISBN-13: 9781498769549

Publisher: Taylor & Francis Inc

Imprint: CRC Press Inc

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Sep 18th, 2017

Print length: 492 Pages

Weight: 922 grams

Dimensions (height x width x thickness): 16.40 x 24.20 x 3.50 cms

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  • Description

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The book reviews all existing and proposed maintenance cost models in different sectors showing strengths and weaknesses to provide a unique cost model and an assortment of solutions for different domains where finances, production performance or mission accomplishment may be the real drivers and maintenance must be adapted to them.

Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers.

The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process.

Key Features:

• Emphasis on maintenance cost and life cycle cost especially under uncertainty.

• Systematic approach of how cost models can be applied and used in the maintenance field.

• Compiles and reviews existing maintenance cost models.

• Consequential and direct costs considered.

• Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.


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