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Metoda Szacowania Kosztów Inwestycyjnych Oraz Eksploatacyjnych Przenośników
[Method Of Capital And Operational Cost Estimation Of Belt Coneyors]

Author

Listed:
  • Jurdziak, Leszek

Abstract

The method of variant capital and operational cost estimation of belt conveyors based on LCA (Life Cycle Analysis) with usage of Monte Carlo simulation of belt and idlers replacements for given distributions of their operational time is described. It is proposed to evaluate different variants of conveyors through comparison of sums of discounted costs for generated in Crystal Ball v.7.3 program stream of replacements of belts and idlers during the whole period of planned conveyor operation. Example calculation has been carried out for the hypothetical conveyor having the length 1000m. The method requires further development by addition of discounted costs of energy conveyor consumption and correlations among belt conveyor parameters and parameters of operational time distributions. Then it can be used by conveyor designers and users for comparison of different conveyor variants, optimisation of solutions, planning of conveyor maintenance expenses and optimisation of inventory policy.

Suggested Citation

  • Jurdziak, Leszek, 2008. "Metoda Szacowania Kosztów Inwestycyjnych Oraz Eksploatacyjnych Przenośników [Method Of Capital And Operational Cost Estimation Of Belt Coneyors]," MPRA Paper 75183, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:75183
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    File URL: https://mpra.ub.uni-muenchen.de/75183/1/METODA%20SZACOWANIA.pdf
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    More about this item

    Keywords

    Belt conveyor; investment costs; operational costs; Monte Carlo simulation; NPV; conveyor belt; idler; belts replacements; idlers replacements;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General

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