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Dynamic Total Cost of Ownership (TCO) Calculation of Injection Moulding Machines

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Leveraging Technology for a Sustainable World

Abstract

As an extension to the investment oriented business perspectives, the evaluation and the active usage of Total Cost of Ownership (TCO) concepts are significantly gaining importance in manufacturing companies. TCO subsumes all cost portions that occur for the operator of a machine. While essential shares of the TCO (energy and maintenance) cannot be determined by static calculations, a method for a dynamic calculation of the TCO of production machines is presented. It allows a realistic calculation of the TCO by taking into account individual machine characteristics and behaviour as well as uncertainties over the entire period of ownership.

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Author information

Authors and Affiliations

  1. Joint German–Australian Research Group ‘Sustainable Manufacturing and Life Cycle Management, Technische Universität Braunschweig, Braunschweig, Germany

    Sebastian Thiede, Tim Spiering, Christoph Herrmann & Sami Kara

  2. Institute of Machine Tools and Production Technology (IWF), Product- and Life-Cycle-Management Research Group, Technische Universität Braunschweig, Braunschweig, Germany

    Sebastian Thiede, Tim Spiering & Christoph Herrmann

  3. Life Cycle Engineering and Management Research Group, School of Mechanical and Manufacturing Engineering, The University of New South Wales, Sydney, Australia

    Sami Kara

  4. Volkswagen AG, Komponenten-Werkzeugbau, Kunststofftechnologie-Formenbau, Braunschweig, Germany

    Tim Spiering & Stephan Kohlitz

Authors
  1. Sebastian Thiede
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  2. Tim Spiering
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  3. Stephan Kohlitz
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  4. Christoph Herrmann
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  5. Sami Kara
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Editor information

Editors and Affiliations

  1. Laboratory for Manufacturing, and Sustainability (LMAS), University of California at Berkeley, Etcheverry Hall 5100A, Berkeley, 94720-1740, California, USA

    David A. Dornfeld

  2. Laboratory for Manufacturing, and Sustainability (LMAS), University of California at Berkeley, Etcheverry Hall 1115, Berkeley, 94720, California, USA

    Barbara S. Linke

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© 2012 Springer-Verlag Berlin Heidelberg

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Thiede, S., Spiering, T., Kohlitz, S., Herrmann, C., Kara, S. (2012). Dynamic Total Cost of Ownership (TCO) Calculation of Injection Moulding Machines. In: Dornfeld, D., Linke, B. (eds) Leveraging Technology for a Sustainable World. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-29069-5_47

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  • DOI: https://doi.org/10.1007/978-3-642-29069-5_47

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-29068-8

  • Online ISBN: 978-3-642-29069-5

  • eBook Packages: EngineeringEngineering (R0)

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