Life cycle costing. Advantages, disadvantages and criticism by Roberto Niesing PDF

By Roberto Niesing

ISBN-10: 3668343039

ISBN-13: 9783668343030

Seminar paper from the 12 months 2008 within the topic company economics - Accounting and Taxes, grade: 2,0, collage of Glamorgan, 14 entries within the bibliography, language: English, summary: Sustainability is constructing in as very important objective for increasingly more industries and governments. specially in a swifter relocating international, that's made up our minds through quarterly interval studies, an extended time period orientation could be a aggressive virtue for unlisted businesses.

In the 1960´s the united states division of safeguard started to strengthen a device to address expanding charges. They well-known that the acquisition cost was once now not the single vital standards. education or holding expenditures needed to be thought of for the whole expense calculation, too. even if, numerous definitions of existence cycle costing (LCC) exist that have a tendency to be related: ’monitoring the associated fee incurred all through a product’s existence cycle’ (Woodward, 1997) or ‘LCC is the sum of all charges incurred through the existence cycle of a development, process or product. It contains the prices of the undertaking, improvement, and acquisition, operation, conservation and upkeep and salvage worth if it exists.’ (Goralczyk, and Kulczycka, 2005). within the following essay a number of features of lifestyles cycle costing can be drawn up. moreover, benefits, negative aspects and feedback of this process can be analyzed.

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Life cycle costing. Advantages, disadvantages and criticism of this procedure by Roberto Niesing


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