LCC methodology application for equipment replacement strategy definition

Forecasting the technical efficiency of mobile workover rigs

“…At the same time, it is used for decision-making and risk management during the purchase and operation of machinery [8], design and construction of buildings [9], comparing the results of diff erent costs over time. To make a more cost-eff ective decision, cost components are usually taken into account at all stages of the life cycle of the technical object [10,11]. Determining the total cost of a project requires a large amount of accounting information, which has data sets that are difficult to account for.…”