mining equipment life cycle costing ppt


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(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 ... 1.2.4 System life cycle costing ...

Life Cycle Costing of Military Equipment

and maintaining equipment can exceed the cost of capital over the life of the equipment (Solomon and Sokri, 2013). With greater national interest in reduced public spending, emphasis would be placed on O&M from the cost standpoint. However, when attempting to apply life cycle costing concepts, analysts

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 ...


lines for Life Cycle Cost Analysis (LCCA) instruct Project Teams to consider not only the "first costs" of a building (design and construction expenses) but also long-term costs, including utilities, operations, and maintenance. The Vice Provost for Land and Buildings convened a team of staff from departments within Land and Buildings, along

Life Cycle Cost Spreadsheet Acquisition Costs: Program Management Costs Engineering Design Costs Engineering Data Costs Spare Parts & Logistics Costs ... Equipment cost $75,000. Annual sustaining cost = $12,264/yr. Overhaul cost = $20,000 in year 10. Disposal costs = $5,000 in year 20. - Mobile Mining Equipment, Maintenance

Mobile mining equipment maintenance and life cycle costing products and services created by Michael Currie, founder of M.G. Currie & Company Ltd.

Life Cycle Presentation2[1] - Holt

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 ...

PPT – LIFE CYCLE COSTING PowerPoint presentation | free to ...

The DEEP Toolkit. TOOL 2.c. Life Cycle Costing Guide for Senior LA Staff LIFE CYCLE COSTING A Tool for Energy Efficient Procurement Overview What is Life Cycle Costing? – A free PowerPoint PPT presentation (displayed as a Flash slide show) on - id: 7abd92-NzhlN

Acquisition by RPM of iSolutions - MINING.COM

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 Toolbox. Life Cycle Cost ... - Mining Toolbox

In fact, anyone involved in the operation, review, optimisation, benchmarking and purchasing of large mining equipment benefits from using Mining Toolbox. Mining Toolbox increases the accuracy and reduces the time to develop life cycle cost models. This provides a better understanding of life cycle equipment costs across the company.

Life Cycle Management - Services | Mining Corp.

Life cycle management. Our life cycle management (LCM) programs help you maximize productivity by optimizing your equipment performance throughout its life in the mine. We offer a variety of LCM programs. cost-per-ton contracts, cost-per-hour contracts, machine exchange and parts programs, and; preventive maintenance programs

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

Major Equipment Life-cycle Cost Analysis

Equipment life-cycle cost analysis (LCCA) is typically used as one component of the equipment fleet management process and allows the fleet manager to make repair,equipment replacement, and retention decisions on the basis of a given piece of equipment's economic life. The decision

(PDF) Determining Economic Life of Earth Moving Equipment ...

The purpose of this paper is to demonstrate how the standard economic life model for equipment replacement can be slightly modified to determine the economic life of earth moving equipment, taking into account the declining utilization of

Life Cycle Cost Summary -

2 of 10 A Life Cycle Cost Summary ICOMS 2003 A Life Cycle Cost Summary H. Paul Barringer, P.E., Barringer & Associates, Inc., SUMMARY: Life cycle costs (LCC) are cradle to grave costs summarized as an economics model of evaluating alternatives for equipment and projects.

Overview: What is Life Cycle Costing? - WERF

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 (LCCA) | WBDG - Whole Building ...

Life-cycle cost analysis (LCCA) is a method for assessing the total cost of facility ownership. It takes into account all costs of acquiring, owning, and disposing of a building or building system.

life cycle iron ore - BINQ Mining

life cycle of river sand – iron ore project lies on the Precambrian Congo Craton of West Africa. … Life-Cycle-of-the-Sand-Dollar – What is the life cycle …

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 ...

Cost Structure and Life Cycle Cost (LCC) for Military Systems

Life Cycle Cost, Total Ownership Cost and Whole Life Cost 2 by M.C. Smit The Use of Life Cycle Cost and Nature of Decisions 3 by A. Ozkil¨ Life Cycle Management in NATO 4 by E. Fajardo, R. Herreman, G. Glenister, S. Di Cicco and C. Bouman Life Cycle Costing in a Commercial Style Accounting Regime as it Impacts U.K. MoD 5 by J. Burridge

Equipment Lifecycle Cost Calculator - AccTech Systems

The Equipment Life Cycle Cost Calculator breaks equipment costs into four broad categories. Ownership, Maintenance, Consumables and Operator. You should enter your own costs (or those provided by your equipment supplier) in the cells provided to calculate the life cycle …

What is meaning of Product Life Cycle Process

The meaning of product life cycle process it is a dealing among the customers and markets, The product life cycle process is process in different ways depending upon the type of customer groups. Product Life Cycle Industry: In industry area the design is made by the customers and firm in some causes. 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 ...

life cycle costing - SlideShare

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.

Life Cycle Asset Management — Life Cycle Engineering

Life Cycle Asset Management. Download Life Cycle Asset Management Whitepaper (PDF) Overview. Life Cycle Asset Management (LCAM) is an integrated approach to optimizing the life cycle of your assets beginning at conceptual design, continuing through shut down and decommissioning.

Major equipment life cycle cost analysis

equipment life cycle cost analysis (LCCA) model to optimize equipment economic life based on life cycle costs for a public agency's fleet. A public agency does not have financial flexibility; consequently, the constraints on the use of available funding can affect the replacement and repair cycles for its equipment fleet.

Life Cycle Costing - SlideShare

Oct 16, 2015· Whole Life Costing, which has a broader scope than life cycle costing Whole life costing is 'methodology for the systematic economic consideration of all whole life costs and benefits over a period of analysis'. Note: life cycle costing can address a period of analysis which covers the entire life cycle, or selected stage(s) or periods of ...

Slide 1

In LCC analysis of an equipment, life cycle means the life of the product that is installed in the plant, i.e. productive life time of the product. The product supplier provides the life cycle depending on design calculation and experience. Based on supplier's data, customer decides the Life Cycle, i.e. how long he/ she wants to use the machine.

Equipment Selection and Life Cycle Costing Analysis ...

Using Life Cycle Costing tools and Discounted Cash Flow techniques, we can evaluate the trade-offs between Operational Efficiency, Equipment Reliability and Uptime, Maintenance Costs, and Initial Capital Cost, and quantify the impact of alternative design/configuration/equipment selection options.