LCC-Forecast

LCC - Life cycle cost forecasts provide an approximate calculation of the future costs of an object. Therefore they play a key role in the planning of warranty costs and represent a baseline for the calculation of service contracts as well as the planning of replacement investments.

The IZP Dresden team will support you in the preparation of calculation algorithms for LCC and will do calculations or programming of customer-specific LCC-tools. Our company has experience with the statistical forecast of life cycle costs based on reliability data (in accordance with DIN IEC 60300-3-3) as well as based on business data (repair work expenses) for various customers (manufacturers as well as operators of technical systems).

Your advantage:

  • LCC forecast is on the basis of empirical data (in connection with reliability analyses)
  • various stress factors of the technical systems are taken into account for the calculation of the costs to be expected
  • LCC data history is recorded in database systems (e.g. by LCC calculator) or customised expert systems
  • various calculation scenarios are applicable (adjustment of statistical Safety, calculation of options...)
  • comprehensive use of mathematical-statistical know-how of IZP Dresden for customer-specific calculation models

Your benefit:

  • identification of cost drivers / optimised maintenance
  • verification of contractually affirmed life-cycle costs (e.g. comparison of two versions of a product)
  • preparation of a book of specification requirements based on verified life-cycle-costs
  • planning of replacement investments by determining the ideal replacement tim
  • planning of accruals needed for guarantees and similar commitments

Selected references:

  • assessment of calculation procedures in maintenance (MAN AG)
  • preparation of methods and tools for the calculation of service contracts for vehicles with special usage conditions (Daimler AG)