Here’s a fabulous little article showing you how stainless steel is a cheaper material to use in the long term than mild steel when a whole picture is taken.
Or, in other words:
Life Cycle Cost (LCC) analysis is a means of quantifying the choice of materials for a product or construction, with the aim of selection of the most economic alternative.
There’s a splendid LCC equation and a splendid little case study with enough facts and figures to inwardly digest and befuddle your boss with it over a brew or confound your average customer with.
LCC=Acquisition Cost + Fabrication and Installation Cost + Maintenance Costs (periodic) + Replacement Costs (periodic) + Cost of Lost Production (periodic) – Residual (Scrap) Value
Just try not to become too pathologically supercillious when waffling about this to somebody just wanting a splashback.
Read the complete Life Cycle Costing of Stainless Steel article here.
Comments
Tim
on 16/10/2008, 5:37 pm
Does 304 Stainless Heading wire need to be stored in a heat controlled area? Does it age harden over time under normal conditions?
Shekar
on 17/1/2008, 1:24 pm
Why Stainless steel if poor in machinability? Also want to which property makes it poor in machining?
vipin kumar
on 19/8/2007, 2:49 am
rate of the stainless steel flat of 8 to 12 mm thick
faisal
on 2/8/2007, 7:20 pm
i want to know the accurate chemical testing of 316 grade,particularaly how i can test the molybdenum in 316 grade.what chemical should i apply to guess/know whether moly is present in the material or not
A student
on 31/7/2007, 3:29 am
Um, could you make this page easier to understand? I ‘m confused.