Life Cycle Cost Methodology for Mixers based on MTTF Life Cycle Cost Model

Abstract: Most of the manufacture and mixer users have confusion about selecting the life cycle cost model or life cycle costing of mixers. This paper presents the life cycle costing of mixers based on the MTTF life cycle cost model from the various life cycle cost models. This method or model can also be applied to the static as well as dynamic mixers. This model has five components and these components will be easily collected by the manufacturer data and field data from the end users of the mixers. MTTF life cycle cost model has benefitted to manufacturer and also users to calculating the total life cycle cost of their products. Keywords: Life cycle cost, Mixers, Life cycle costing, Life cycle cost model.