Life cycle cost analysis
A life cycle cost analysis calculates the cost of a system or product over its entire life span.
The analysis of a typical system could include costs for:
- planning,
- design,
- development,
- production,
- maintenance,
- disposal or salvage.
This cost analysis depends on values calculated from other reliability analyses like failure rate, cost of spares, repair times, and component costs.
See also: Product life cycle management, Technology lifecycle, Crossing the Chasm, spend management, cost management, List of marketing topics, list of accounting topics, List of management topics
Referenced By
List of engineering topics | List of marketing topics | Marketing
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