Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis
Background: A hydraulic ram pump is a sustainable technology that can be a good alternative to pumps powered by electricity or diesel fuel. However, various ram pumps are commercially available in the market, ranging from small-scale to large-scale. Methods: This study employed a Life-Cycle Cost An...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Center for Policy, Research and Development Studies
2025-06-01
|
| Series: | Recoletos Multidisciplinary Research Journal |
| Subjects: | |
| Online Access: | https://rmrj.usjr.edu.ph/rmrj/index.php/RMRJ/article/view/2404 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849416975326904320 |
|---|---|
| author | Philip Jun Celerinos |
| author_facet | Philip Jun Celerinos |
| author_sort | Philip Jun Celerinos |
| collection | DOAJ |
| description | Background: A hydraulic ram pump is a sustainable technology that can be a good alternative to pumps powered by electricity or diesel fuel. However, various ram pumps are commercially available in the market, ranging from small-scale to large-scale.
Methods: This study employed a Life-Cycle Cost Analysis for six selected ram pumps in its economic evaluation at one-, five-, and ten-year periods, respectively. It also used a sensitivity analysis to determine the confidence level for interest rates in recurring and residual values across all evaluation periods.
Results: The evaluation shows that small-scale ram pumps may appeal to consumers during the one year due to their low market price and initial project cost. Further evaluations also reveal that small-scale ram pumps surpass the cost investment of large-scale ram pumps in the five and ten-year evaluations because of higher expenses related to maintenance, material replacements, and services. The sensitivity analysis also confirmed that the data calculations have a high confidence level in all evaluation periods.
Conclusion: Thus, the study concluded that the uncertainty level is low, and the economic evaluation can serve as a good basis for consumers when purchasing hydraulic ram pumps, considering the sustainable investment cost over an extended period of operation. |
| format | Article |
| id | doaj-art-6bd05b5af2ad4330bba313ded84ebea0 |
| institution | Kabale University |
| issn | 2423-1398 2408-3755 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Center for Policy, Research and Development Studies |
| record_format | Article |
| series | Recoletos Multidisciplinary Research Journal |
| spelling | doaj-art-6bd05b5af2ad4330bba313ded84ebea02025-08-20T03:32:58ZengCenter for Policy, Research and Development StudiesRecoletos Multidisciplinary Research Journal2423-13982408-37552025-06-0113112113510.32871/rmrj2513.01.10Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost AnalysisPhilip Jun Celerinos0https://orcid.org/0009-0009-3919-2357School of Engineering and Architecture, Ateneo de Davao University, Davao City, PhilippinesBackground: A hydraulic ram pump is a sustainable technology that can be a good alternative to pumps powered by electricity or diesel fuel. However, various ram pumps are commercially available in the market, ranging from small-scale to large-scale. Methods: This study employed a Life-Cycle Cost Analysis for six selected ram pumps in its economic evaluation at one-, five-, and ten-year periods, respectively. It also used a sensitivity analysis to determine the confidence level for interest rates in recurring and residual values across all evaluation periods. Results: The evaluation shows that small-scale ram pumps may appeal to consumers during the one year due to their low market price and initial project cost. Further evaluations also reveal that small-scale ram pumps surpass the cost investment of large-scale ram pumps in the five and ten-year evaluations because of higher expenses related to maintenance, material replacements, and services. The sensitivity analysis also confirmed that the data calculations have a high confidence level in all evaluation periods. Conclusion: Thus, the study concluded that the uncertainty level is low, and the economic evaluation can serve as a good basis for consumers when purchasing hydraulic ram pumps, considering the sustainable investment cost over an extended period of operation.https://rmrj.usjr.edu.ph/rmrj/index.php/RMRJ/article/view/2404economicevaluationhydraulic ram pumpinterest ratelarge-scale ram pumpslife-cycle cost analysisproduct costsensitivity analysissmall-scale ram pumpswater pump capacity |
| spellingShingle | Philip Jun Celerinos Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis Recoletos Multidisciplinary Research Journal economic evaluation hydraulic ram pump interest rate large-scale ram pumps life-cycle cost analysis product cost sensitivity analysis small-scale ram pumps water pump capacity |
| title | Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis |
| title_full | Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis |
| title_fullStr | Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis |
| title_full_unstemmed | Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis |
| title_short | Economic Evaluation of Hydraulic Ram Pumps Using Life-Cycle Cost Analysis |
| title_sort | economic evaluation of hydraulic ram pumps using life cycle cost analysis |
| topic | economic evaluation hydraulic ram pump interest rate large-scale ram pumps life-cycle cost analysis product cost sensitivity analysis small-scale ram pumps water pump capacity |
| url | https://rmrj.usjr.edu.ph/rmrj/index.php/RMRJ/article/view/2404 |
| work_keys_str_mv | AT philipjuncelerinos economicevaluationofhydraulicrampumpsusinglifecyclecostanalysis |