What Is Whole-Life Cost? Whole-life cost is the total expense of owning an asset over its entire life, from purchase to disposal, as determined by financial analysis. It is also known as the ...

Financial constraints often force fleet managers to make tough equipment decisions. Should I repair a vehicle or replace it? If I do repair it, how much work should I do? Just enough to get by or a ...

There are many hurdles to overcome when completing a life cycle cost assessment. LCCAs have been praised by some and criticized or viewed with skepticism by others. Some AEC professionals like to use ...

This brief presentation of the principles of life-cycle cost analysis is intended as background for the committee's report. Readers seeking a complete discussion of the topic should refer to the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In our modem society, all products and services are based on the use of energy and material resources. While the products and services of stone-age hunter-gatherers or a primitive village economy may ...

Just like people, most products go through several distinct phases during their lifetime. Once products are introduced, they'll go through periods of growth, maturity and eventual decline. That's ...

Award enshrines the impact of contributions by Lehigh CEE professor—deemed the "Father of Life-Cycle Analysis” by ASCE—to life-cycle civil engineering and life-cycle cost optimization The American ...

The idea that life-cycle costs can be controlled and minimized has wide appeal, but life-cycle cost analysis has not been consistently applied in the design and management of buildings. A variety of ...