Life-cycle costing

A technique that enables a comparative cost assessment of a building structure or infrastructure to be made for various investment alternatives, over a specified extendede period of time, taking into account all relevant factors, both in terms of initial capital costs and future estimated cost. This analysis should include the initial cost, maintenance costs, and replacement costs based on the life expectancy of its components. The technique usually compares alternative components and alternative systems. The objective is to identify the most economic overall choice over the life of the building or infrastructure.

Life-Cycle Costing

An estimate of all expenses a company incurs and derives from a product. Life cycle costing includes all expenses from research and development, marketing, customer services and so forth. It is calculated from the beginning of a product's research to its estimated date of withdrawal from the market. Life cycle costing helps a company determine whether or not a product is going to be profitable.

单词	life-cycle costing
释义	Life-cycle costing Life-cycle costing A technique that enables a comparative cost assessment of a building structure or infrastructure to be made for various investment alternatives, over a specified extendede period of time, taking into account all relevant factors, both in terms of initial capital costs and future estimated cost. This analysis should include the initial cost, maintenance costs, and replacement costs based on the life expectancy of its components. The technique usually compares alternative components and alternative systems. The objective is to identify the most economic overall choice over the life of the building or infrastructure. Life-Cycle Costing Life-Cycle Costing An estimate of all expenses a company incurs and derives from a product. Life cycle costing includes all expenses from research and development, marketing, customer services and so forth. It is calculated from the beginning of a product's research to its estimated date of withdrawal from the market. Life cycle costing helps a company determine whether or not a product is going to be profitable.
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