pl_kap_4 - Kapitel 4 Bewertungsverfahren fml • Lehrstuhl...

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Unformatted text preview: Kapitel 4 Bewertungsverfahren fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Eignungsprofil Eignungsprofil E ig n u n g s p r o f il B e is p ie l: E ig n u n g s p r o fil z u m V e r g le ic h v o n T r a n s p o r t m itte ln ( E in tr a g u n g H u b s ta p le r ) E ig n u n g s p r o fil / P o la r itä ts p r o fil: i B e u r t e ilu n g u n d B e w e r tu n g v o n L ö s u n g s a lte r n a t iv e n i E ig e n s c h a fts b e w e r tu n g e n tw e d e r / o d e r S k a lie r u n g PL 4001 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Ziele der Investitionsrechnung Ziele P la n u n g fü r U m s t e llu n g e n N e u p la n u n g e n E r a r b e ite n te c h n is c h m ö g lic h e r L ö s u n g e n z u r V e rb e s s e ru n g d e s Is t- Z u s ta n d e s E r a r b e ite n te c h n is c h d u r c h f ü h r b a r e r Lösungen Z ie l d e r In v e s t it io n s r e c h n u n g is t d ie B e u r te ilu n g d e r W ir t - E rfa s s e n d e s Is t- Z u s ta n d e s s c h a ftlic h k e it v o n In v e s tit io n s v o r h a b e n . E r m it t e ln d e r la u fe n d e n A u s g a b e n u n d E in n a h m e n d e s Is t- Z u s ta n d e s E r m it t e ln d e s In v e s tit io n s b e d a rfs d e r L ö s u n g e n E r m it t e ln d e r la u fe n d e n A u s g a b e n u n d E in n a h m e n der Lösungen a ) E r m it te ln d e r w ir ts c h a ft lic h s t e n Lösungen b ) N a c h w e is d e r e r f o r d e r lic h e n W ir ts c h a ft lic h k e it Q u e lle : V D I 2 6 9 3 PL 4005 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Übersicht über die Verfahren der Investitionsrechnung Übersicht D y n a m is c h e * * V e rfa h re n S ta tis c h e V e rfa h re n * R e c h e n v e rfa h re n V e r g le ic h s g r ö ß e N a c h w e is d e r e r fo r d e r lic h e n W ir ts c h a ft lic h k e it K o s t e n v e r g le ic h s re c h n u n g K o s te n D ie k o s t e n m ä ß ig g ü n s tig s te A lte r n a tiv e G e w in n v e r g le ic h s re c h n u n g G e w in n D ie A lt e r n a tiv e m it d e m h ö c h s t e n G e w in n A m o r t is a tio n s r e c h n u n g s ta tis c h R ü c k flu s s z e ite n D u r c h N a c h w e is d e r g e fo r d e r te n R ü c k flu s s z e it In te r n e Z in s fu ß m e th o d e K a p ita lw e r te d u r c h p o s it iv e n K a p ita lw e r t fr e ig e g e b e n e r Z in s s a tz K a p ita lw e r tm e th o d e Z in s e n w e n n d e r Z in s s a tz g r ö ß e r a ls M in d e s t v e r z in s u n g A m o r t is a t io n s r e c h n u n g d y n a m is c h R ü c k flu s s z e ite n D u r c h N a c h w e is d e r g e fo r d e r te n R ü c k flu s s z e it * B e i d e n s ta tis c h e n M e th o d e n w e r d e n d ie Z a h lu n g e n n ic h t a u f - o d e r a b g e z in s t; d .h . d e r E in flu s s d e r Z e it w ir d in d e r R e c h n u n g n ic h t b e r ü c k s ic h tig t. * * B e i d y n a m is c h e n V e r f a h r e n w ir d d e r z e itlic h u n te r s c h ie d lic h e A n fa ll d e r Z a h lu n g e n w ä h r e n d d e r N u tz u n g s d a u e r d u r c h d ie Z in s e s z in s e n b e r ü c k s ic h tig t. PL 4006 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Kostenvergleichsrechnung Kostenvergleichsrechnung B e i d e r K o s te n v e r g le ic h s r e c h n u n g e r fo lg t e in V e r g le ic h d e r K o s te n ( z .B . A b s c h r e ib u n g e n , Z in s e n , M a te r ia lk o s te n , E n e r g ie k o s te n ) d e r z u b e w e r t e n d e n In v e s tit io n s p r o je k te , b e i d e n e n u n t e r s te llt w ir d , d a s s d e r g le ic h e E r lö s e r z ie lt w ir d . E n ts c h e id u n g s r e g e l: D ie A lte r n a tiv e m it d e n n ie d r ig s te n K o s te n is t v o r z u z ie h e n . D e r K o s t e n v e r g le ic h k a n n b e i g le ic h e r m e n g e n m ä ß ig e r L e is tu n g d e r z u v e r g le ic h e n d e n M ö g lic h k e ite n a u f B a s is d e r K o s te n p r o Z e ite in h e it d u r c h g e fü h r t w e r d e n . Im F a ll a b w e ic h e n d e r m e n g e n m ä ß ig e r L e is t u n g e n e m p fie h lt s ic h e in K o s te n v e r g le ic h p r o L e is tu n g s e in h e it . D ie s e M e t h o d e e ig n e t s ic h z u r B e u r te ilu n g k le in e r In v e s titio n s p r o je k te , in s b e s o n d e r e fü r E r s a tz in v e s tit io n e n g e r in g e n U m fa n g s . PL 4007 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Beispiel zur Investitionsrechnung Beispiel In v e s t it io n s e n t s c h e id u n g B is h e r la g e rt d ie U n t e rn e h m e n A G ih re G ü t e r in m a n u e lle m S t a p le rb e t rie b in e in e m F la c h b a u la g e r e in u n d a u s . Im R a h m e n e i n e r N e u s t r u k t u r ie r u n g u n d O p t im i e r u n g d e r A b lä u fe w i r d u n t e r s u c h t , o b d i e In v e s t i t io n i n e in a u t o m a t is ie r t e s H o c h r e g a l l a g e r s in n v o ll is t . D a z u w ir d e in e s t a t is c h e K o s t e n v e r g le ic h s - u n d A m o r t is a t io n s r e c h n u n g d u r c h g e fü h r t . Is t - Z u s t a n d P la n - Z u s t a n d F la c h b a u la g e r in m a n u e lle r B e d ie n u n g 1 2 3 4 5 6 7 8 9 10 G G R A B P B e lä n d e ebäude e g a l e fü r n z a h l B e d ie n g e rä t e e d ie n g e rä t a l e t t e n fö r d e r s y s t e m ra n d s c h u tz R e s tw e rt R e s tw e rt R e s tw e rt S t a p le r R e s tw e rt R e s tw e rt R e s tw e rt In v e s t it io n s a u s g a b e n S um m e 1 0 0 .0 0 0 D M 2 0 .0 0 0 D M 3 H o c h r e g a lla g e r a u t o m a tis ie r t 450 m 2 5000 m 3 2 6 4 0 P a le t t e n RBG 5 .0 0 0 D M 1 0 .0 0 0 D M -DM 9 .0 0 0 D M 2 1 0 .0 0 0 D M 1 7 2 .0 0 0 D M 2 S um m e 4 0 0 .0 0 0 2 0 0 .0 0 0 3 5 0 .0 0 0 1 .7 4 1 .0 0 0 D D D D M M M M S um m e 1 .5 9 6 .0 0 0 D M 1 4 5 .0 0 0 D M w e it e r e A n g a b e n 11 12 13 14 15 16 17 Lebensdauer Z in s s a t z s o n s t ig e F ix k o s t e n / J a h r A n z a h l W e rk e r / S c h ic h t A n z a h l d e r S c h ic h t e n / T a g P e rs o n a lk o s t e n / W e rk e r W a rtu n g s k o s te n / J a h r J a h re D M / Jahr D M / Jahr D M / Jahr 10 10% 2 9 .0 0 0 D M 4 2 60000 42000 J a h re D M / Jahr D M / Jahr D M / Jahr 10 10% 2 2 .0 0 0 D M 0 2 60000 58000 PL 4008a fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Beispiel zur Investitionsrechnung Beispiel K o s t e n v e r g le ic h s r e c h n u n g Is t - Z u s t a n d P la n - Z u s t a n d m a n u e lle r B e d ie n u n g a u to m a t is ie r t B e re c h n u n g F ix k o s t e n 1 1 2 2 8 9 0 1 A b s c h re ib u n g Z in s e n * ) s o n s t ig e F ix k o s t e n / J a h r S u m m e F ix k o s t e n D D D D M M M M / / / / Jah Jah Jah Jah r r r r 0 0 2 9 .0 0 0 2 9 .0 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M (1 0 )/(1 1 ) (1 0 )* (1 2 )/2 (1 3 ) (1 8 )+ (1 9 )+ (2 0 ) V a r ia b le K o s t e n 22 23 24 P e r s o n a lk o s t e n W a rtu n g s k o s te n S u m m e va ria b le K o s t e n D M / Jahr D M / Jahr D M / Jahr 4 8 0 .0 0 0 D M 4 2 .0 0 0 D M 5 2 2 .0 0 0 D M 0 DM 5 8 .0 0 0 D M 5 8 .0 0 0 D M (1 4 )* (1 5 )* (1 6 ) (1 5 ) (2 2 )+ (2 3 ) 25 26 G e s a m tk o s te n D M / Jahr D M / Jahr 5 5 1 .0 0 0 D M D i ffe r e n z : K o s t e n e in s p a r u n g d e r H R L - V a r ia n t e 3 1 9 .4 0 0 D M 2 3 1 .6 0 0 ,0 0 D M (2 1 )+ (2 4 ) D i ff. a u s ( 2 5 ) *) R e s t w e r t 0 D M ; k o n t in u ie r li c h e A b n a h m e ; d u r c h s c h n i t t lic h is t d ie H ä lft e d e r A n s c h a ffu n g s k o s t e n g e b u n d e n u n d z u v e r z in s e n PL 4008b fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Gewinnvergleichsrechnung Gewinnvergleichsrechnung E n ts c h e id u n g s r e g e l: W ä h le d ie A lte r n a tiv e , d ie d e n im D u r c h s c h n itt h ö h e r e n J a h r e s g e w in n e r w ir ts c h a fte t. A n h a n d v o n K o s te n v e r g le ic h e n s in d A u s s a g e n ü b e r d ie V o r te ilh a ftig k e it v o n In v e s t it io n s o b je k t e n n u r d a n n m ö g lic h , w e n n d ie E r lö s e d e r z u v e r g le ic h e n d e n A lte r n a t iv e n ü b e r e in s tim m e n . Is t d ie s e V o r a u s s e t z u n g n ic h t g e g e b e n , w ir d d ie B e r ü c k s ic h tig u n g d e r E r lö s k o m p o n e n te u n d d a m it e in G e w in n v e r g le ic h e r fo r d e r lic h . D ie G e w in n v e r g le ic h s r e c h n u n g e ig n e t s ic h fü r d e n V e r g le ic h v o n I n v e s t itio n e n m it g le ic h e r N u t z u n g s d a u e r u n d g le ic h e m K a p ita le in s a tz . PL 4009 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Amortisationsrechnung (statisch) Amortisationsrechnung E n ts c h e id u n g s r e g e l: D ie s ta tis c h e A m o r tis a tio n s z e it is t d e fin ie r t a ls d e r je n ig e T e il d e s P la n u n g s z e itr a u m s , in w e lc h e m d a s fü r e in In v e s titio n s p r o je k t e in g e s e tz te K a p ita l a u s d e n R ü c k flü s s e n w ie d e r g e w o n n e n w e r d e n k a n n . D a s E n d e Is t d ie A m o r tis a tio n s z e it k le in e r a ls d ie a ls m a x im a l a n g e s e h e n e A m o r tis a tio n s z e it, s o is t d ie In v e s titio n v o r te ilh a ft. d e r A m o r tis a tio n s z e it is t e r r e ic h t, w e n n d ie S u m m e d e r N e tto z a h lu n g e n ( In v e s titio n s a u s g a b e n R ü c k flü s s e ) d e r In v e s titio n in A b h ä n g ig k e it v o n d e r Z e it e r s tm a ls d e n W e r t N u ll a n n im m t. D ie s e s In v e s titio n s r e c h n u n g s v e r fa h r e n w ir d a u c h a ls „ p a y - o ff- M e th o d e o d e r “ „ M e th o d e d e r L iq u id a tio n s g r e n z e “ b e z e ic h n e t. V o r te ilh a ft is t d a s P r o je k t m it d e r k ü r z e s te n A m o r tis a tio n s z e it. D a d ie s e n u r e in e n T e ila s p e k t b e i d e r In v e s titio n s b e u r te ilu n g d a r s te llt, s o llte d ie s ta tis c h e A m o r tis a tio n s r e c h n u n g n u r in V e r b in d u n g m it a n d e r e n V e r fa h r e n e in g e s e tz t w e r d e n . PL 4011 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Beispiel zur statischen Amortisationsrechnung Beispiel s t a t is c h e A m o r t is a t io n s r e c h n u n g Is t - Z u s t a n d P la n - Z u s t a n d m a n u e lle r B e d ie n u n g 25 G e s a m t k o s t e n a u s K o s t e n ve rg le ic h s re c h n u n g D M / Jahr 26 D iffe r e n z : K o s t e n e in s p a r u n g d e r H R L - V a r ia n t e D M / Jahr 10 In v e s t it io n s a u s g a b e n 27 A m o r t is a tio n s z e it (s t a t is c h ) a u t o m a t is ie r t 5 5 1 .0 0 0 D M B e re c h n u n g 3 1 9 .4 0 0 D M 2 3 1 .6 0 0 ,0 0 D M 1 .5 9 6 .0 0 0 D M J a h re 6 ,9 (1 0 )/(2 6 ) PL 4012 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Kapitalwertmethode Kapitalwertmethode S ä m t lic h e m it d e r I n v e s t it io n v e r b u n d e n e n E in n a h m e n u n d A u s g a b e n w e r d e n m it d e m K a lk u la t io n s z in s f u ß a u f d e n Z e itp u n k t t= 0 a b g e z in s t ( = a u f d e n A n fa n g d is k o n t ie r t ) . K a p ita lw e r t K n K 0 = E n ts c h e id u n g s r e g e l: 0 E in e In v e s titio n is t d a n n v o r te ilh a ft, Et-A t ( 1 + i) t t= 0 w e n n d e r K a p ita lw e r t (a u c h B a r w e r t g e n a n n t) g r ö ß e r N u ll is t. D ie P la n u n g s v a r ia n te m it d e m E A i n : : : : E in n a h m e n A usgaben K a lk u la tio n s z in s N u tz u n g s d a u e r g r ö ß te n K a p ita lw e r t is t d ie v o r te ilh a fte s te . PL 4013 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Interne Zinsfußmethode Interne E n ts c h e id u n g s r e g e l: E in e In v e s titio n is t d a n n v o r te ilh a ft, w e n n d e r in te r n e Z in s fu ß g r ö ß e r a ls d e r K a lk u la tio n s z in s s a tz is t. D ie P la n u n g s v a r ia n te m it d e m h ö c h s te n in te r n e n Z in s fu ß is t d ie v o r te ilh a fte s te . D e r in t e r n e Z in s fu ß ( a u c h R e n ta b ilitä t g e n a n n t) is t d ie e r z ie lb a r e V e r z in s u n g d e s In v e s tit io n s k a p ita ls w ä h r e n d d e s u n te r s u c h te n Z e itr a u m s . S ie e n ts p r ic h t d e m Z in s s a tz , b e i d e m s ic h d e r K a p ita lw e r t N u ll e r g ib t. n t= 1 Et-A (1 + r)t t ! =0 r : in te r n e r Z in s fu ß PL 4014 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Amortisationsrechnung (dynamisch) Amortisationsrechnung D ie A m o r tis a tio n s z e it e in e r I n v e s titio n ( a u c h K a p ita lw ie d e r g e w in n u n g s z e it g e n a n n t) g ib t d e n Z e itp u n k t a n , n a c h d e m d ie In v e s titio n s a u s g a b e n w ie d e r z u r V e r fü g u n g s te h e n . S ie e n ts p r ic h t d e m Z e itr a u m , z u d e m s ic h e in K a p ita lw e r t N u ll e r g ib t, w o b e i d ie A n la g e n r e s tw e r te a m E n d e d e s b e tr a c h te te n Z e itr a u m e s n ic h t b e r ü c k s ic h tig t w e r d e n . E n ts c h e id u n g s r e g e l: ta t= 1 Et-A t ( 1 + i) t - I0 ! =0 E in e In v e s titio n is t d a n n v o r te ilh a ft, w e n n d ie A m o r tis a tio n s z e it ta k le in e r a ls e in e g e fo r d e r te A m o r tis a tio n s z e it is t. D ie P la n u n g s v a r ia n te m it d e r g e r in g s te n A m o r tis a tio n s z e it is t d ie v o r te ilh a fte s te . PL 4015 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Beispiel zur dynamischen Investitionsrechnung Beispiel zum Excel-File K o s t e n e n t w ic k lu n g Is t - Z u s t a n d 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Sum m e 10i In v e s titio n s k o s te n 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 18 19 20 21 F ix k o ste n A b s c h re ib u n g Z in s e n s o n s t ig e F ix k o s t e n / J a h r S u m m e F ix k o s t e n i i i i 0 0 2 9 .0 0 0 2 9 .0 0 0 *) D D D D M M M M 0 0 3 0 .1 6 0 3 0 .1 6 0 D D D D M M M M 0 0 3 1 .3 6 6 3 1 .3 6 6 D D D D M M M M 0 0 3 2 .6 2 1 3 2 .6 2 1 D D D D M M M M 0 0 3 3 .9 2 6 3 3 .9 2 6 D D D D M M M M 0 0 3 5 .2 8 3 3 5 .2 8 3 D D D D M M M M 0 0 3 6 .6 9 4 3 6 .6 9 4 D D D D M M M M 0 0 3 8 .1 6 2 3 8 .1 6 2 D D D D M M M M 0 0 3 9 .6 8 9 3 9 .6 8 9 D D D D M M M M 0 0 4 1 .2 7 6 4 1 .2 7 6 D D D D M M M M 0 0 3 4 8 .1 7 7 3 4 8 .1 7 7 D D D D M M M M 22i 23i 24i V a r ia b le K o s te n P e rs o n a lk o s t e n * ) W a rtu n g s k o s te n *) S u m m e va ria b le K o s t e n 4 8 0 .0 0 0 D M 4 2 .0 0 0 D M 5 2 2 .0 0 0 D M 4 9 9 .2 0 0 D M 4 3 .6 8 0 D M 5 4 2 .8 8 0 D M 5 1 9 .1 6 8 D M 4 5 .4 2 7 D M 5 6 4 .5 9 5 D M 5 3 9 .9 3 5 D M 4 7 .2 4 4 D M 5 8 7 .1 7 9 D M 5 6 1 .5 3 2 D M 4 9 .1 3 4 D M 6 1 0 .6 6 6 D M 5 8 3 .9 9 3 D M 5 1 .0 9 9 D M 6 3 5 .0 9 3 D M 6 0 7 .3 5 3 D M 5 3 .1 4 3 D M 6 6 0 .4 9 7 D M 6 3 1 .6 4 7 D M 5 5 .2 6 9 D M 6 8 6 .9 1 6 D M 6 5 6 .9 1 3 D M 5 7 .4 8 0 D M 7 1 4 .3 9 3 D M 6 8 3 .1 9 0 D M 5 9 .7 7 9 D M 7 4 2 .9 6 9 D M 5 .7 6 2 .9 3 1 D M 5 0 4 .2 5 6 D M 6 .2 6 7 .1 8 8 D M 25i G e sa m tk o ste n Ist 5 5 1 .0 0 0 D M 5 7 3 .0 4 0 D M 5 9 5 .9 6 2 D M 6 1 9 .8 0 0 D M 6 4 4 .5 9 2 D M 6 7 0 .3 7 6 D M 6 9 7 .1 9 1 D M 7 2 5 .0 7 8 D M 7 5 4 .0 8 2 D M 7 8 4 .2 4 5 D M 6 .6 1 5 .3 6 5 D M 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Sum m e 1 .5 9 6 .0 0 0 D M 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 0 DM 1 .5 9 6 .0 0 0 D M *) K o s t e n s t e ig e ru n g v o n jä h r lic h 4 % b e rü c k s ic h t ig t K o s t e n e n t w ic k lu n g P la n - Z u s t a n d 10p In v e s titio n s k o s te n 18p 19p 20p 21p F ix k o ste n A b s c h re ib u n g Z in s e n s o n s t ig e F ix k o s t e n / J a h r S u m m e F ix k o s t e n 22p 23p 24p V a r ia b le K o s te n P e rs o n a lk o s t e n W a rtu n g s k o s te n *) S u m m e va ria b le K o s t e n 25p G e sa m tk o ste n P la n 159 79 22 261 *) 31 G G E A E e s a m t k o s t e n Is t e s a m t k o s t e n P la n in n a h m e ü b e rs c h u s s b z in s u n g s fa k t o r in n a h m e ü b e rs c h u s s m it 1 0 % a b g e z in s t 0 0 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 159 79 22 261 .6 0 .8 0 .0 0 .4 0 0 0 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 159 79 22 261 .6 0 .8 0 .0 0 .4 0 0 0 0 0 D D D D M M M M 1 5 9 .6 0 0 7 9 .8 0 0 2 2 .0 0 0 2 6 1 .4 0 0 D D D D M M M M 1 .5 9 6 .0 0 0 7 9 8 .0 0 0 2 2 0 .0 0 0 2 .6 1 4 .0 0 0 D D D D M M M M 0 DM 5 8 .0 0 0 D M 5 8 .0 0 0 D M E t-A t i (E t-A t)/ (1 + i )t K K a p i t a lw e r t ( = B a r w e r t ) 0 E r m itt lu n g d e r A m o r t is a t io n s z e it ( d y n a m is c h ) 0 DM 6 2 .7 3 3 D M 6 2 .7 3 3 D M 0 DM 6 5 .2 4 2 D M 6 5 .2 4 2 D M 0 DM 6 7 .8 5 2 D M 6 7 .8 5 2 D M 0 DM 7 0 .5 6 6 D M 7 0 .5 6 6 D M 0 DM 7 3 .3 8 9 D M 7 3 .3 8 9 D M 0 DM 7 6 .3 2 4 D M 7 6 .3 2 4 D M 0 DM 7 9 .3 7 7 D M 7 9 .3 7 7 D M 0 DM 8 2 .5 5 2 D M 8 2 .5 5 2 D M 0 DM 6 9 6 .3 5 4 D M 6 9 6 .3 5 4 D M 3 2 1 .7 2 0 D M 3 2 4 .1 3 3 D M 3 2 6 .6 4 2 D M 3 2 9 .2 5 2 D M 3 3 1 .9 6 6 D M 3 3 4 .7 8 9 D M 3 3 7 .7 2 4 D M 3 4 0 .7 7 7 D M 3 4 3 .9 5 2 D M 3 .3 1 0 .3 5 4 D M 2000 n 0 DM 6 0 .3 2 0 D M 6 0 .3 2 0 D M 3 1 9 .4 0 0 D M K a p ita lw e r t m e t h o d e 25i 25p 28 29 30 .6 0 .8 0 .0 0 .4 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 Sum m e 5 5 1 .0 0 0 D M 3 1 9 .4 0 0 D M 2 3 1 .6 0 0 D M 0 ,9 0 9 2 1 0 .5 4 5 D M 5 7 3 .0 4 0 D M 3 2 1 .7 2 0 D M 2 5 1 .3 2 0 D M 0 ,8 2 6 2 0 7 .7 0 2 D M 5 9 5 .9 6 2 D M 3 2 4 .1 3 3 D M 2 7 1 .8 2 9 D M 0 ,7 5 1 2 0 4 .2 2 9 D M 6 1 9 .8 0 0 D M 3 2 6 .6 4 2 D M 2 9 3 .1 5 8 D M 0 ,6 8 3 2 0 0 .2 3 1 D M 6 4 4 .5 9 2 D M 3 2 9 .2 5 2 D M 3 1 5 .3 4 0 D M 0 ,6 2 1 1 9 5 .8 0 1 D M 6 7 0 .3 7 6 D M 3 3 1 .9 6 6 D M 3 3 8 .4 1 0 D M 0 ,5 6 4 1 9 1 .0 2 4 D M 6 9 7 .1 9 1 D M 3 3 4 .7 8 9 D M 3 6 2 .4 0 2 D M 0 ,5 1 3 1 8 5 .9 7 0 D M 7 2 5 .0 7 8 D M 3 3 7 .7 2 4 D M 3 8 7 .3 5 4 D M 0 ,4 6 7 1 8 0 .7 0 4 D M 7 5 4 .0 8 2 D M 3 4 0 .7 7 7 D M 4 1 3 .3 0 5 D M 0 ,4 2 4 1 7 5 .2 8 1 D M 7 8 4 .2 4 5 D M 3 4 3 .9 5 2 D M 4 4 0 .2 9 3 D M 0 ,3 8 6 1 6 9 .7 5 2 D M 6 .6 1 5 .3 6 5 D M 3 .3 1 0 .3 5 4 D M 3 .3 0 5 .0 1 1 D M 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Sum m e 4 1 8 .2 4 8 D M 0 DM 6 2 2 .4 7 7 D M 0 DM 8 2 2 .7 0 8 D M 0 DM 1 .0 1 8 .5 0 9 D M 0 DM 1 .2 0 9 .5 3 3 D M 0 DM 1 .3 9 5 .5 0 2 D M 0 DM 1 .5 7 6 .2 0 6 D M 0 DM 1 .7 5 1 .4 8 8 D M 0 DM 1 .9 2 1 .2 4 0 D M 0 DM 1 .5 9 6 .0 0 0 D M 1 .9 2 1 .2 4 0 D M 1 .9 2 1 .2 4 0 D M 32 33 a b g e z in s t e r k u m m u lie rt e r E in n a h m e ü b e rs c h u s s In v e s t it io n s k o s t e n I0 2 1 0 .5 4 5 D M 1 .5 9 6 .0 0 0 D M 34 A m o rtis a tio n s z e it ta 8 ,1 1 PL 4016 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Nutzwertanalyse (1) Nutzwertanalyse D ie N u t z w e r ta n a ly s e d ie n t a ls h ilf r e ic h e E n ts c h e id u n g s t e c h n ik , w e n n - m u ltid im e n s io n a le Z ie ls e tz u n g e n b e s te h e n u n d - n ic h t a lle E n ts c h e id u n g s k o n s e q u e n z e n m o n e t ä r q u a n t if iz ie r b a r s in d . S ie k a n n a ls a lle in ig e E n ts c h e id u n g s t e c h n ik V e r w e n d u n g fin d e n o d e r m e is te n s e r g ä n z e n d z u d e r te c h n is c h e n u n d w ir ts c h a ftlic h e n B e u r te ilu n g d e r e in z e ln e n P la n u n g s v a r ia n te n d ie n e n . P r o b le m e b e i d e r A n w e n d u n g d e r N u tz w e r ta n a ly s e : s u b je k tiv e B e u r t e ilu n g d e r Z ie lk r ite r ie n g e w ic h tu n g s u b je k tiv e B e u r t e ilu n g d e r T e iln u tz e n b e s tim m u n g V o r te il d e r N u tz w e r ta n a ly s e : E n ts c h e id u n g s a b la u f n a c h v o llz ie h b a r PL 4002 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Nutzwertanalyse (2) Nutzwertanalyse P la n u n g s v a r ia n te n Z ie lk r ite r ie n G e w ic h tu n g I II B e w e r tu n g g e w ic h te te B e w e r tu n g g e w ic h te te ( 1 0 ....1 ) T e iln u tz e n ( 1 0 ....1 ) T e iln u tz e n Z i Z 1 0 ,2 9 1 ,8 3 0 ,6 Z 2 0 ,3 3 0 ,9 6 1 ,8 Z 3 0 ,1 6 0 ,6 4 0 ,4 Z 4 0 ,4 8 3 ,2 5 2 ,0 V o r g e h e n s w e is e : B e s tim m u n g d e r K r ite r ie n ( z . B s p . F u n k t io n s s ic h e r h e it , Z u g r iff s z e it , V e r fü g b a r k e it, F lä c h e n n u tz u n g u .v .a .) G e w ic h tu n g d e r Z ie lk r ite r ie n ( s u b je k t iv e E in s c h ä t z u n g d e r r e la t iv e n B e d e u t u n g , d ie d e n e in z e ln e n K r it e r ie n z u k o m m t) B e w e r tu n g d e r Z ie lk r ite r ie n d e r je w e ilig e n P la n u n g s v a r ia n te n g i= 1 N u tz w e rte N I = 6 ,5 N II= 4 ,8 B e s tim m u n g d e r T e iln u tz e n ( M u lt ip lik a t io n d e r B e w e r t u n g m it d e r G e w ic h t u n g ) E r m ittlu n g d e r N u tz w e r te fü r je d e P la n u n g s v a r ia n te B e u r te ilu n g d e r V o r te ilh a ftig k e it d e r V a r ia n te n e n ts p r e c h e n d ih r e r N u tz w e r te PL 4003 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München Nutzwertanalyse (3) Nutzwertanalyse G e w ic h tu n g d e r Z ie lk r it e r ie n d u r c h p a a r w e is e n V e r g le ic h . F u n k tio n s s ic h e r h e it D ie Z ie lk r ite r ie n w e r d e n d a d u r c h g e w ic h te t, in d e m je d e s K r ite r iu m m it je d e m a n d e r e n v e r g lic h e n w ir d , o b e s w ic h tig e r ( 3 P u n k te ) g le ic h w ic h tig ( 2 P u n k te ) w e n ig e r w ic h t ig ( 1 P u n k te ) 2 F iF o - P r in z ip 2 2 2 3 9 F lä c h e n n u tz u n g L a g e rn u tz u n g Z u g r iffs z e it is t . B sp: P a le tte n la g e r PL 4004 fml • Lehrstuhl für Fördertechnik Materialfluss Logistik • Univ.-Prof. Dr.-Ing. Dipl.-Wirtsch.-Ing. W. A. Günthner • TU München ...
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This note was uploaded on 08/04/2011 for the course LEHRSTUHL PL0001 taught by Professor Prof.dr.w.a.günther during the Summer '00 term at TU München.

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