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Life Cycle Cost Analysis

- An Economic Model for Sustainable Tomorrow
Af: Nirjhar Chakravorti Engelsk Paperback

Life Cycle Cost Analysis

- An Economic Model for Sustainable Tomorrow
Af: Nirjhar Chakravorti Engelsk Paperback
Tjek vores konkurrenters priser

Life Cycle Costing (LCC) is the process of economic analysis to assess the total cost of ownership of an asset, including its cost of procurement, installation, operation, maintenance, conversion, and decommissioning. 

The economic approach to assess the total cost of owning an asset or facility is known as Life Cycle Cost Analysis (LCCA). LCCA is a key economic tool for business decision-making in terms of various functional requirements, such as sustainability, asset management, supply chain management, and project management. 

Every organization is a combination of various interrelated functions or departments. Every function has its own set of objectives and targets. Even though all functions try to achieve overall organizational objectives, in reality, they work to protect their functional interests as well. In many cases, it becomes detrimental to the health of the organization. This conflicting behavior increases when decisions are made on subjective considerations. When a company''s strategy works on an objective platform, chances of conflict are reduced. LCCA can be used as a management decision tool for synchronizing functional conflicts by focusing on facts, money, and time. 

Life Cycle Cost Analysis: An Economic Model for Sustainable Tomorrow explains a simple, innovative model to carry out LCCA, along with a unique methodology to determine how the value of money changes over a period of time.

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Life Cycle Costing (LCC) is the process of economic analysis to assess the total cost of ownership of an asset, including its cost of procurement, installation, operation, maintenance, conversion, and decommissioning. 

The economic approach to assess the total cost of owning an asset or facility is known as Life Cycle Cost Analysis (LCCA). LCCA is a key economic tool for business decision-making in terms of various functional requirements, such as sustainability, asset management, supply chain management, and project management. 

Every organization is a combination of various interrelated functions or departments. Every function has its own set of objectives and targets. Even though all functions try to achieve overall organizational objectives, in reality, they work to protect their functional interests as well. In many cases, it becomes detrimental to the health of the organization. This conflicting behavior increases when decisions are made on subjective considerations. When a company''s strategy works on an objective platform, chances of conflict are reduced. LCCA can be used as a management decision tool for synchronizing functional conflicts by focusing on facts, money, and time. 

Life Cycle Cost Analysis: An Economic Model for Sustainable Tomorrow explains a simple, innovative model to carry out LCCA, along with a unique methodology to determine how the value of money changes over a period of time.

Produktdetaljer
Sprog: Engelsk
Sider: 138
ISBN-13: 9781032611662
Indbinding: Paperback
Udgave:
ISBN-10: 1032611669
Udg. Dato: 15 apr 2024
Længde: 11mm
Bredde: 152mm
Højde: 227mm
Forlag: Taylor & Francis Ltd
Oplagsdato: 15 apr 2024
Forfatter(e): Nirjhar Chakravorti
Forfatter(e) Nirjhar Chakravorti


Kategori Produktionsstyring og kvalitetsledelse


ISBN-13 9781032611662


Sprog Engelsk


Indbinding Paperback


Sider 138


Udgave


Længde 11mm


Bredde 152mm


Højde 227mm


Udg. Dato 15 apr 2024


Oplagsdato 15 apr 2024


Forlag Taylor & Francis Ltd

Kategori sammenhænge