00742031

Component

https://onlinepubs.trb.or...trcircular/475/475-015.pdf

The job of the public official is to make the right decision when purchasing equipment. It requires an evaluation of the product and its return to the agency. Life Cycle Costing (LCC) provides a total picture of what the product is worth to the buyer over the ownership and reduces the risks of making a poor decision. Making the wrong decision could be very costly in terms of unexpected expenses in repairs and downtime. Making the wrong decision could also create havoc with the agency's budget and cash flow. The manufacturer also has to make the right decisions in developing product quality. The wrong decision for the manufacturer could be very costly in terms of lost sales. The goal of any manufacturer should be to provide customer satisfaction through performance and value over the life of ownership. It is up to the buyer to demand what that level of value should be.

Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

00742013

English

p. 74-75

1997-7

Transportation Research Circular

11th Equipment Management Workshop

Digital/other

Construction equipment; Customer satisfaction; Customers; Decision making; Equipment; Industries; Life cycle costing; Maintenance equipment; Management; Product development; Purchasing; Quality control; Risk management; Workshops

Equipment management; Quality

Administration and Management; Finance; Freight Transportation; Highways; Maintenance and Preservation; Vehicles and Equipment; I10: Economics and Administration; I61: Equipment and Maintenance Methods

TRIS, TRB

Nov 3 1997 12:00AM

• 1995 MIDWESTERN STATES EQUIPMENT MANAGEMENT CONFERENCE
• 1996 SOUTHEASTERN STATES EQUIPMENT MANAGERS MEETING
• A SIMPLIFIED HEAVY-DUTY SAND SPREADER: PHASE 1 - DESIGN CONCEPT
• APPLICATION OF NCHRP REPORT 350 TO TMA SYSTEMS
• BRIDGE INSPECTION AND THE EQUIPMENT IT DEMANDS
• CHALLENGES FACED BY TRUCK ENGINEERS IN THE MID 1990'S
• CONCEPTUALIZATION OF THE FUTURE HIGHWAY MAINTENANCE VEHICLE
• DEPLOYMENT OF ROBOTIC DEVICES FOR HIGHWAY MAINTENANCE AND CONSTRUCTION
• ECONOMIC EVALUATION OF TRUCK COLLISION WARNING SYSTEMS
• EMERGENCY WARNING LIGHT TECHNOLOGY
• EQUIPMENT MANAGEMENT SYSTEM
• FORWARD-LIGHTING CONFIGURATIONS FOR SNOWPLOWS (ABSTRACT ONLY)
• IMPROVE ELECTRICAL SYSTEM RELIABILITY WITH MAGNETIC CIRCUIT BREAKER SWITCH PANELS
• INITIATION AND IMPLEMENTATION OF AN ALTERNATIVE FUELS REPORT
• LEARNING FROM ABROAD--WINTER MAINTENANCE PROGRAM
• MINNESOTA DEPARTMENT OF TRANSPORTATION'S MAINTENANCE OPERATIONS RESEARCH PROGRAM
• MINNESOTA DEPARTMENT OF TRANSPORTATION/FINNISH NATIONAL ROAD ADMINISTRATION--MAINTENANCE TECHNOLOGY EXCHANGE PARTNERSHIP
• NORTHEASTERN STATES EQUIPMENT MANAGER CONFERENCE
• PERFORMANCE MEASUREMENT
• PERFORMANCE MEASURES IN THE PENNSYLVANIA DEPARTMENT OF TRANSPORTATION
• SELF-DIRECTED HIGHWAY MAINTENANCE TEAMS: SUMMARY OF EXPERIENCES AND LESSONS LEARNED DURING THE FIRST FIVE YEARS 1990-1995
• THERMOPLASTIC EQUIPMENT FOR FLEET MANAGERS
• TIRE RECAP PROGRAM
• TOTAL COST EQUIPMENT PURCHASING
• USING AUTOMATIC TRANSMISSIONS TO MEET YOUR NEEDS
• VERMONT'S "OFF-THE-SHELF" EQUIPMENT MANAGEMENT SYSTEM
• WESTERN STATES HIGHWAY EQUIPMENT MANAGERS CONFERENCE, PHOENIX, ARIZONA, 1995