Chemical Engineering and Processing, Vol.38, No.4-6, 511-516, 1999
Life cycle costs of pumps in chemical industry
When selecting a pump, not the purchasing costs alone but the total costs of investment, operating (including energy and maintenance), and final disposal should be regarded. The elements of these life cycle costs (LCC) and a method of calculation are described in this article. Also statistical measurements about the meantime between failures are presented.