Acta Mechanica Slovaca 2013, 17(2):64-71 | DOI: 10.21496/ams.2013.021

Life Cycle Costing: Some Possibilities of Use Within Quality Management

Jaroslav Nenadál*
Department of Quality Management, FMMI, VSB - Technical University of Ostrava, Tř. 17. listopadu 15, CZ 708 33 Ostrava-Poruba

Life cycle costing is as an accounting method used for a long time throughout the world, mainly when organizations need to assess various alternatives for equipment and projects. But within the quality management processes is such approach implemented rarely, in spite of fact that there we can implement some internationally recognized standards. The article will stress logic linkage among quality management standards focused on life cycle costing and will present some possibilities where this costing should be valuable. They are areas of design and development, purchasing, infrastructure management, products marketing and delivery and customer satisfaction measurement. A joint customer value analysis and analysis of life cycle costs will be described more detailed here by way of real case.

Keywords: Quality, quality management, life cycle costing, design review, purchasing, customer feedback, reliability

Published: October 31, 2013  Show citation

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Nenadál, J. (2013). Life Cycle Costing: Some Possibilities of Use Within Quality Management. Acta Mechanica Slovaca, 17(2), 64-71. doi: 10.21496/ams.2013.021
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    References

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    This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


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