Economical evaluations need to take into account all cost consequences of an investment, independent from the point of time and the place of the payment caused by the investment75.
Life cycle costing is the process of economic analysis to assess the total cost of acquisition and ownership of an asset.
The LCC Concept
Springer Tracts on Transportation, Traffic
2013-01-01
14 pages
Article/Chapter (Book)
Electronic Resource
English
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