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 ...
• Life-cycle cost (LCC) – The cost of using an item in its intended application over the entire time period of expected use. LCC typically takes into account lost production and corrective maintenance ...
[This article was first published in Army Sustainment Professional Bulletin, which was then called Army Logistician, volume 3, number 2 (March–April 1971), pages 12–15, 42–43. The text, including any ...
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 ...
Cost planning for newer engine types can be complicated by their lack of global fleet hours and reliability data. Credit: Laure Lemeille/AFI KLM E&M Life-cycle cost management of widebody engines may ...
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 ...