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life cycle costing

The life cycle cost of a product or project includes discounted costs of operation, maintenance, contracting, and disposal/decommissioning in addition to initial acquisition cost.
Concept Schemes:
Broader Concept:
Entry Terms:
  • life cycle cost assessment
  • life cycle cost analysis
  • life cycle costs
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RDF/XMLCreated 2013-05-29, last modified 2017-06-07