Tendering Based on Life Cycle Cost and Life Cycle Analysis

Author(s):  
Özgür Köylüoğlu
1989 ◽  
Vol 111 (4) ◽  
pp. 637-641
Author(s):  
R. B. Spector

When aeroderivative gas turbines were first introduced into industrial service, the prime criterion for assessing the “relative value” of equipment was derived by dividing the initial (or capital) cost of the equipment by the number of kilowatts produced. The use of “dollars per kilowatt” as an assessment parameter emanated from the utility sector and is still valid providing that the turbomachinery units under consideration possess similar performance features with regard to thermal efficiency. Second-generation gas turbines being produced today possess thermal efficiencies approximately 45 percent greater than those previously available. Thus, a new criterion is required to provide the purchaser with a better “value” perspective to differentiate the various types of turbomachinery under consideration. This paper presents a technique for combining the initial cost of equipment with the costs of fuel consumed, applied labor, and parts to arrive at an assessment parameter capable of comparing the relative merits of varying types of turbomachinery. For simplicity, this paper limits the life cycle cost derivation and discussion to turbogenerator units; however, the principles of this type of life cycle analysis can also be applied to gas turbines in mechanical drive applications and/or combined cycles.


2018 ◽  
Vol 80 ◽  
pp. 217-224
Author(s):  
Magdalena Satora ◽  
Maciej Szkoda

The article concerns the application of LCC (Life Cycle Cost) life cycle analysis as a method of assessing the effectiveness of investments in rail transport. On the basis of general guidelines contained in professional literature and international standards, including PN-EN 60300-3-3:2017-07, the LCC calculation method for rail transport is presented. This method can be used to assess the effectiveness of various variants of purchasing new vehicles, as well as to compare the costs of their modernization.


Author(s):  
Dharma Hagare ◽  
Jason Ho ◽  
Swapan Saha

Central and split systems are the two most common air conditioning (AC) systems used in residential applications. Central system employs one large unit to produce and distribute conditioned air through a system of ductwork. On the other hand, the split system, employs several small ACs. Each AC consisted of outdoor and indoor units to produce conditioned air directly to the designed area. Each system has distinct strengths and weaknesses. Depending on the structure of cooling area and operating schedule, the performance of each system will be different. The aim of this paper is to examine the impact of various parameters such as operating schedule and building characteristics to the performance of central and split AC systems over the 25 years of their operation. The life cycle analysis (LCA) considered essential factors which have significant impact on the energy consumption and both initial and operating costs of the two systems. All required sections of life cycle analysis are included according to the relevant Australian Standards. The results indicated that under standard operating conditions, central system is more economical and energy efficient than split system. However, when the flexibility in operation of split system is considered, there was a significant reduction in its operating cost, which was below that of central system. Overall, total life cycle cost of split system was slightly lower than central system. Also, considering the usage flexibility and the comfort of users, it appears that the split system is more suitable than the central AC system for residential buildings.


1994 ◽  
Vol 11 (1) ◽  
pp. 47-56
Author(s):  
Virginia C. Day ◽  
Zachary F. Lansdowne ◽  
Richard A Moynihan ◽  
John A. Vitkevich

2008 ◽  
Vol 4 (4) ◽  
pp. 318-323 ◽  
Author(s):  
Hirotsugu KAMAHARA ◽  
Shun YAMAGUCHI ◽  
Ryuichi TACHIBANA ◽  
Naohiro GOTO ◽  
Koichi FUJIE

2011 ◽  
Vol 4 (5) ◽  
pp. 158-161 ◽  
Author(s):  
A. Morfonios A. Morfonios ◽  
◽  
D. Kaitelidou D. Kaitelidou ◽  
G. Filntisis G. Filntisis ◽  
G. Baltopoulos G. Baltopoulos ◽  
...  

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