Abstract
This paper presents a generic model for evaluating the economic and environmental impacts of product service lifetime, which is important and useful in the design and management of PSS. From a PSS provider’s perspective, the presented model conducts life-cycle costing (LCC) and life-cycle assessment (LCA) simultaneously and quantifies the total life-cycle cost and environmental impact associated with the product lifetime. The entire life cycle of the product is considered, including its manufacturing (or purchase), usage, maintenance, and end-of-life treatment. Applied with a sensitivity analysis of varying product lifetime, the model can identify the optimal service lifetime at which the life-cycle cost and environmental impact can be minimized. To illustrate, the developed model is applied to the example of a piece of currently-marketed agricultural machinery.
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Kwak, M., Kim, H. (2013). Economic and Environmental Impacts of Product Service Lifetime: A Life-Cycle Perspective. In: Meier, H. (eds) Product-Service Integration for Sustainable Solutions. Lecture Notes in Production Engineering. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-30820-8_16
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DOI: https://doi.org/10.1007/978-3-642-30820-8_16
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-30819-2
Online ISBN: 978-3-642-30820-8
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