ASTM Int'l Forms Subcommittee for Life Cycle Costs of Food Service Equipment
December 30, 2008 // Published as a news service by IHS
| |
| IHS Sells ASTM Documents |
| IHS is a leading provider of online access to large document collections from ASTM. For more information and a price quote, please complete the form below. |
|
| |
ASTM International formed F26.05 on Life Cycle Cost, a subcommittee of ASTM International Committee F26 on Food Service Equipment, in response to industry requests to develop a standard practice for determining the total cost of ownership for commercial food service equipment.
"An industry standard for analyzing the life cost of commercial food service equipment is needed to help the industry address challenges to provide consistent information that helps establish life expectancies and total cost of ownership for equipment and supplies," said David Zabrowski, director of engineering, PG&E Food Service Technology Center and F26 member.
Zabrowski said that the most common difficulty in analyzing equipment life cycle costs is that approaches vary dramatically depending on viewpoint.
"To address the various concerns of different aspects of industry, a consortium comprised of manufacturers, end-users, food service consultants, equipment dealers, sales agents, service agents and utility companies was formed to created a unified approach," said Zabrowski.
Categories to be included in the initial life cycle analysis standard are purchase price, along with costs for service and repair, preventative maintenance, utility operations, incremental labor and disposal.
Results will be described as a yearly running total and a net present value.
"This approach was designed specifically for manufacturers and end-users of commercial food service equipment to utilize when forecasting and/or evaluating the life cycle costs of equipment by accounting for tangible differences in operating and maintenance costs of commercial food service equipment," said Zabrowski.
Source: ASTM International.