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2022 | OriginalPaper | Chapter

Development of a Stress Factor as an Indicator for Stress-Based Payment Models for Machine Tools

Authors : O. Kohn, P. Stanula, E. Lang, M. Weigold, J. Metternich

Published in: Production at the Leading Edge of Technology

Publisher: Springer International Publishing

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Abstract

The chapter introduces a novel pay-per-stress payment model for machine tools, which aims to better align incentives between lessors and lessees by linking machine wear and residual value to cumulative stress. The core of this model is the stress factor, which translates stress into the wear reserve of machine components, allowing for an accurate estimation of the remaining useful life. The chapter presents a model-based calculation of the stress factor, demonstrating its application and evaluation in an industrial use case. By separating the depiction of machine degradation and the payment model, the approach offers flexibility and can be adapted to various use cases. The chapter concludes with a summary, critical evaluation, and an outlook for future research, highlighting the potential of this model to create fairer leasing agreements and increase efficiency in manufacturing processes.

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Literature
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Metadata
Title
Development of a Stress Factor as an Indicator for Stress-Based Payment Models for Machine Tools
Authors
O. Kohn
P. Stanula
E. Lang
M. Weigold
J. Metternich
Copyright Year
2022
DOI
https://doi.org/10.1007/978-3-030-78424-9_27

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