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Life Cycle Cost Calculations Supporting Service Offering; Case Study of Air Conditioning Systems

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Proceedings of the 10th World Congress on Engineering Asset Management (WCEAM 2015)

Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

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Abstract

The benefits of services, in terms of life cycle cost, can be challenging to prove to a customer making service purchase decisions. To support the buyers’ decision-making, the service provider can highlight all the benefits achieved by services and compare those to the service costs. In this paper, we will describe a practical case study the aim of which was to develop a method and a tool for estimating life cycle costs with or without service. The case company is Chiller Ltd. which is the largest manufacturer of air conditioning equipment in Finland.

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References

  • IEC 60300-3-3. (2004). Dependability management—Part 3-3: Application guide—Life cycle costing (2nd ed.).

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Author information

Authors and Affiliations

  1. VTT Technical Research Centre of Finland Ltd., Tampere, Finland

    Susanna Kunttu, Tero Välisalo & Outi Kettunen

  2. Chiller Ltd., Tuusula, Finland

    Sakari Aulanko

Authors
  1. Susanna Kunttu
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  2. Tero Välisalo
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  3. Outi Kettunen
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  4. Sakari Aulanko
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Corresponding author

Correspondence to Susanna Kunttu .

Editor information

Editors and Affiliations

  1. Tampere University of Technology, Tampere, Finland

    Kari T. Koskinen

  2. VTT Technical Research Centre of Finland, Tampere, Finland

    Helena Kortelainen

  3. Tampere University of Technology, Tampere, Finland

    Jussi Aaltonen

  4. VTT Technical Research Centre of Finland, Tampere, Finland

    Teuvo Uusitalo

  5. Promaint ry, Helsinki, Finland

    Kari Komonen

  6. Asset Institute, Brisbane, Queensland, Australia

    Joseph Mathew

  7. Tampere University of Technology, Tampere, Finland

    Jouko Laitinen

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© 2016 Springer International Publishing Switzerland

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Cite this paper

Kunttu, S., Välisalo, T., Kettunen, O., Aulanko, S. (2016). Life Cycle Cost Calculations Supporting Service Offering; Case Study of Air Conditioning Systems. In: Koskinen, K., et al. Proceedings of the 10th World Congress on Engineering Asset Management (WCEAM 2015). Lecture Notes in Mechanical Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-27064-7_36

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  • DOI: https://doi.org/10.1007/978-3-319-27064-7_36

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-27062-3

  • Online ISBN: 978-3-319-27064-7

  • eBook Packages: EngineeringEngineering (R0)

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