Life Cycle Cost

The analysis of cost issues over the entire life cycle of a given product, rather than a specific fiscal period. It includes factors based on product life cycle stage (introduction, growth, maturity, decline) and all research and development, design, marketing, production and logistics costs. A cross-functional approach used in investment and facility decisions


Life Cycle Cost

The analysis of cost issues over the entire life cycle of a given product, rather than a specific fiscal period. It includes factors based on product life cycle stage (introduction, growth, maturity, decline) and all research and development, design, marketing, production and logistics costs. A cross-functional approach used in investment and facility decisions

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