Car Life Cycle Cost Essay

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Life Cycle Cost:
The life cycle cost(LCC) of an induction motor involves the total purchasing price , installation and operating cost, maintenance and disposal cost of that motor. When used as a tool to compare design alternatives or possible repair, the LCC method show the most effective solution in terms of cost in the range of necessary data is available The constituents of the life cycle cost analysis typically consist initial costs, installation and operation costs, refurbishment and disposal costs. Life Cycle Cost Of An Induction Motor In the field, most of the motors are induction motors. Now-a-days, industry has become more concerned about the performance of the motor. By improving the efficiency of motors we can save energy, reduce operating costs, and improve the End-User Profitability. In case of any failure, motors usually can be rewind, it is often worthy to replace a damaged motor with a new one to save energy and improve reliability.

Repair / Replace Decision Tree

Motor Efficiency For LCC Comparison: For life cycle cost calculation of an induction motors, Efficiency of the motors is an important factor. The …show more content…

It is no longer practical to consider the monthly electric bill, such as a fixed basic expenses that cannot be controlled. Energy costs have risen faster than both equipment and good value. They are increasing at a similar level and it is generally possible to pass any increase in power with customers in the form of price increase. Energy prices after the energy crisis has increased faster than the price of the product so as part of a declaration of power that cannot be adopted in one day, which comes directly out of profits. In today's economy, it is more important than ever to keep motor losses under

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