Life-cycle cost

Life Cycle Costing
Life Cycle Costing
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Life Cycle Costing (LCC) is a cost analysis method that calculates the total cost of a product over its entire life, including acquisition, operation, maintenance, and disposal. The goal of the analysis is to evaluate the cost-effectiveness of the product, providing businesses with a more complete understanding of a product’s...
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Life-cycle costing
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Understand the importance of life-cycle costing and how it can benefit a construction in the long run and how to calculate those life-cycle costs.
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