Kamis, 15 November 2018

Life Cycle Costing


What is life-cycle costing? Why is it used?

Answer
Life-cycle costing considers the entire cost life cycle of the product, and thus provides a more complete perspective of product costs and product profitability.  It is used to manage the total costs of the product across its entire life cycle.  For example, design and development costs may be increased in order to decrease manufacturing costs and service costs later in the life cycle.

Tidak ada komentar: