Methodology for Creating a Model of Vehicle Life Cycle Costs and the Methods of Modelling

Abstract

The article describes a possible approach to the creation of a vehicle life cycle cost (LCC) model, the methodology for creating an LCC model and at the same time formulates the requirements related to the calculation of LCC. It defines the general principles of creating an LCC model, lists the specific parameters and factors that have an impact on the modelling of the costs. The next part of the article describes the arrangement and structure of cost elements, provides knowledge and information about methods of modelling LCC according to possible aspects. In the final part, the authors briefly describe the potential difficulties in obtaining the data that are necessary when modelling all LCC of vehicles.