The following topics regarding capital equipment purchasing are presented:
• Compliance management
• Savings measurement
• Life cycle costs and total cost of ownership
• Determining the optimum useful life and replacement time
• Real options approach for the evaluation of investment alternatives
• Performance contracting
Readers are provided with a comprehensive and structured process model for capital equipment purchasing. The comprehensive set of methods including various instruments and methods presented in this book support the establishment of a professional capital equipment purchasing process.