Engineering Mechanics

Proceedings Vol. 9 (2003)

ENGINEERING MECHANICS 2003

Copyright © 2003 Institute of Theoretical and Applied Mechanics, Academy of Sciences of the Czech Republic, v.v.i., Prague

 

Weiter A.
pages 394 - +9p., full text

Life cycle cost analysis is the process of economic analysis to assess the total cost of acquisition, proprietary and disposal of vehicles. This analysis provides important inputs to the decision making process of the product design, development, use and disposal. Vehicle suppliers can optimise their designs through evaluation of alternatives and through performing trade-off studies. They can evaluate various operating, maintenance and disposal strategies to optimise life cycle cost (LCC).

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