Vehicle technology advancements are driving up life cycle costs. Utilizing a selective approach to specifications and developing empirical life cycles, fleet organizations can proactively reduce overall operating costs. This process involves modeling costs associated with acquiring, operating and disposing of an individual vehicle class over various replacement cycles, and then determining which cycle results in lowest total cost of ownership. Learn strategies and specification techniques for creating optimal life cycle standards to reduce total cost of ownership over the life of a given vehicle asset class.
Download PDF file here: Determining_Optimal_Veh_Replace_Cycles_and_Specs_for_Higher_Value_NTEA_MAR-2017