Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis
The adoption of electric vehicles (EVs) is one of the solutions to reduce emission problems. Vehicle cost analysis is one of the keys to seizing the Indonesian market. As a consumer, it is not only the purchase price that needs to be considered, but the life cycle costs throughout ownership also ne...
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| Format: | Article |
| Language: | English |
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Universitas Andalas
2022-12-01
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| Series: | Jurnal Optimasi Sistem Industri |
| Subjects: | |
| Online Access: | https://josi.ft.unand.ac.id/index.php/josi/article/view/597 |
| _version_ | 1797802591302713344 |
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| author | Lsa Aldira Hafidza Yuniaristanto Wahyudi Sutopo Muhammad Hisjam |
| author_facet | Lsa Aldira Hafidza Yuniaristanto Wahyudi Sutopo Muhammad Hisjam |
| author_sort | Lsa Aldira Hafidza |
| collection | DOAJ |
| description |
The adoption of electric vehicles (EVs) is one of the solutions to reduce emission problems. Vehicle cost analysis is one of the keys to seizing the Indonesian market. As a consumer, it is not only the purchase price that needs to be considered, but the life cycle costs throughout ownership also need to be considered in the purchase. This study discusses the life cycle cost (LCC) of EVs in Indonesia, especially electric motorcycles (EMs), which will be compared with conventional motorcycles (CMs). In particular, this study aims to encourage the government's target for ownership of 2.1 million EMs in Indonesia by 2025. The novelty of this research is to develop a more comprehensive LCC model by considering the costs in terms of tangible and intangible to compare the two types of motorcycles using Monte Carlo simulation. This simulation is used to coordinate the behavioral uncertainty of motorcycle users. As a result, the value of an EM is more economical than CM for various users. The average value percentage of EMs is lower than CMs by 45% (IDR 30,6 million). In addition, several scenarios are also analyzed to maximize consumer welfare in Indonesia.
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| first_indexed | 2024-03-13T05:07:58Z |
| format | Article |
| id | doaj.art-6f1c4304a07b4b818cc4e0ce5a28a2e8 |
| institution | Directory Open Access Journal |
| issn | 2088-4842 2442-8795 |
| language | English |
| last_indexed | 2024-03-13T05:07:58Z |
| publishDate | 2022-12-01 |
| publisher | Universitas Andalas |
| record_format | Article |
| series | Jurnal Optimasi Sistem Industri |
| spelling | doaj.art-6f1c4304a07b4b818cc4e0ce5a28a2e82023-06-16T06:27:23ZengUniversitas AndalasJurnal Optimasi Sistem Industri2088-48422442-87952022-12-0121210.25077/josi.v21.n2.p55-65.2022Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo AnalysisLsa Aldira Hafidza0Yuniaristanto1Wahyudi Sutopo2Muhammad Hisjam 3Universitas Sebelas MaretUniversitas Sebelas MaretUniversitas Sebelas MaretUniversitas Sebelas Maret The adoption of electric vehicles (EVs) is one of the solutions to reduce emission problems. Vehicle cost analysis is one of the keys to seizing the Indonesian market. As a consumer, it is not only the purchase price that needs to be considered, but the life cycle costs throughout ownership also need to be considered in the purchase. This study discusses the life cycle cost (LCC) of EVs in Indonesia, especially electric motorcycles (EMs), which will be compared with conventional motorcycles (CMs). In particular, this study aims to encourage the government's target for ownership of 2.1 million EMs in Indonesia by 2025. The novelty of this research is to develop a more comprehensive LCC model by considering the costs in terms of tangible and intangible to compare the two types of motorcycles using Monte Carlo simulation. This simulation is used to coordinate the behavioral uncertainty of motorcycle users. As a result, the value of an EM is more economical than CM for various users. The average value percentage of EMs is lower than CMs by 45% (IDR 30,6 million). In addition, several scenarios are also analyzed to maximize consumer welfare in Indonesia. https://josi.ft.unand.ac.id/index.php/josi/article/view/597Electric motorcyclelife cycle costmonte carlo simulation |
| spellingShingle | Lsa Aldira Hafidza Yuniaristanto Wahyudi Sutopo Muhammad Hisjam Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis Jurnal Optimasi Sistem Industri Electric motorcycle life cycle cost monte carlo simulation |
| title | Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis |
| title_full | Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis |
| title_fullStr | Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis |
| title_full_unstemmed | Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis |
| title_short | Evaluation of Driving Comparative Life Cycle Cost Assessment of Conventional and Electric Motorcycles in Indonesia: Monte Carlo Analysis |
| title_sort | evaluation of driving comparative life cycle cost assessment of conventional and electric motorcycles in indonesia monte carlo analysis |
| topic | Electric motorcycle life cycle cost monte carlo simulation |
| url | https://josi.ft.unand.ac.id/index.php/josi/article/view/597 |
| work_keys_str_mv | AT lsaaldirahafidza evaluationofdrivingcomparativelifecyclecostassessmentofconventionalandelectricmotorcyclesinindonesiamontecarloanalysis AT yuniaristanto evaluationofdrivingcomparativelifecyclecostassessmentofconventionalandelectricmotorcyclesinindonesiamontecarloanalysis AT wahyudisutopo evaluationofdrivingcomparativelifecyclecostassessmentofconventionalandelectricmotorcyclesinindonesiamontecarloanalysis AT muhammadhisjam evaluationofdrivingcomparativelifecyclecostassessmentofconventionalandelectricmotorcyclesinindonesiamontecarloanalysis |