Life cycle cost analysis
Encyclopedia
Life cycle cost analysis may refer to:
- Life cycle assessmentLife cycle assessmentA life-cycle assessment is a technique to assess environmental impacts associated with all the stages of a product's life from-cradle-to-grave A life-cycle assessment (LCA, also known as life-cycle analysis, ecobalance, and cradle-to-grave analysis) is a technique to assess environmental impacts...
, the investigation and valuation of the environmental impacts of a given product or service caused or necessitated by its existence - Whole-life costWhole-life costWhole-life cost, or Life-cycle cost , refers to the total cost of ownership over the life of an asset . Also commonly referred to as "cradle to grave" or "womb to tomb" costs. Costs considered include the financial cost which is relatively simple to calculate and also the environmental and...
, the total cost of ownership over the life of an asset, also commonly referred to as "cradle to grave" or "womb to tomb"