Quantified economic and environmental values through Functional Productization: A simulation approach

Quantified economic and environmental values through Functional Productization : A simulation approach

Reed, Sean, 1982- (author): Örebro universitet,Institutionen för naturvetenskap och teknik,Resilience Engineering Research Group, University of Nottingham

Karlberg, Magnus (author): Luleå tekniska universitet,Produkt- och produktionsutveckling,Division of Product and Production Development, Luleå University of Technology, Luleå, Sweden

Kyösti, Petter (author): Luleå tekniska universitet,Signaler och system,Division of Signals and Systems, Luleå University of Technology, Luleå, Sweden

Sas, Daria (author): Luleå tekniska universitet,Produkt- och produktionsutveckling,Division of Product and Production Development, Luleå University of Technology, Luleå, Sweden

(creator_code:org_t)

Elsevier, 2018
2018
English.
In: Environmental impact assessment review. - : Elsevier. - 0195-9255 .- 1873-6432. ; 70, s. 71-80

Related links:: https://nottingham-r...; show more...; https://urn.kb.se/re...; https://doi.org/10.1...; https://urn.kb.se/re...; show less...

Abstract Subject headings

Industrial companies rely on hardware and services from external providers to deliver functions that are critical to their operations, increasingly demanding solutions that not only meet technical and availability requirements but are sustainable too. Traditionally, industrial companies choose and purchase hardware and maintenance support to fulfil their functional requirements. An alternative arrangement, known as Functional Product (FP), involves external providers supplying customers with the functionality they require through contracts that specify guaranteed functional availability whilst giving providers freedom to choose and retain ownership of the supplied hardware and services. This paper describes an innovative simulation modelling and optimization approach to quantitatively compare economic and environmental values resulting from transition from traditional to FP arrangements. The approach is demonstrated through the analysis of a scenario involving a hydraulic drive system provider and set of customers in Sweden, with the results exhibiting simultaneous improvement in economic and environmental values at each stage of the transition.

TEKNIK OCH TEKNOLOGIER -- Maskinteknik -- Annan maskinteknik (hsv//swe)
ENGINEERING AND TECHNOLOGY -- Mechanical Engineering -- Other Mechanical Engineering (hsv//eng)
TEKNIK OCH TEKNOLOGIER -- Elektroteknik och elektronik -- Reglerteknik (hsv//swe)
ENGINEERING AND TECHNOLOGY -- Electrical Engineering, Electronic Engineering, Information Engineering -- Control Engineering (hsv//eng)
TEKNIK OCH TEKNOLOGIER -- Maskinteknik (hsv//swe)
ENGINEERING AND TECHNOLOGY -- Mechanical Engineering (hsv//eng)
TEKNIK OCH TEKNOLOGIER -- Maskinteknik -- Tillförlitlighets- och kvalitetsteknik (hsv//swe)
ENGINEERING AND TECHNOLOGY -- Mechanical Engineering -- Reliability and Maintenance (hsv//eng)

By the author/editor: Reed, Sean, 1982 ...; Karlberg, Magnus; Kyösti, Petter; Sas, Daria

About the subject

ENGINEERING AND TECHNOLOGY: ENGINEERING AND ...; and Mechanical Engin ...; and Other Mechanical ...

ENGINEERING AND TECHNOLOGY: ENGINEERING AND ...; and Electrical Engin ...; and Control Engineer ...

ENGINEERING AND TECHNOLOGY: ENGINEERING AND ...; and Mechanical Engin ...; and Reliability and ...

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