29+ pages life cycle costing questions and answers 1.8mb solution in Doc format . Today cost management focuses on process improvement and the identification of how processes can be more effectively and efficiently performed to result in cost reductions. Create Your Account To Take This Quiz. 9LIFE CYCLE COSTING LCC by definition refers to an analysis technique which encom- passes all costs associated with a product from its inception to its disposal. Read also costing and life cycle costing questions and answers Or questions testing lifecycle.
Accounting questions and answers. 16What is Life Cycle Costing.
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I used life cycle cost LCC data which is important and cannot be changeable for each work order.
What are the 5 phases of a product life cycle. The total cost of a project should be considered over the entire life of the project and not just within a fixed period of time. In life cycle costing the profit doesnt occur until after design and development stage and introduction stage. Once you have answered the questions click on Submit Answers for Grading to get your results. 25If you cant answer all of the questions below without looking at the answer then you need to do some more work on this area. Identifying the Costs at different stages of the Life Cycle.
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Or is the statement talking about the generality that the business comes to know for sure. 26the solution to this question is. 30Total life-cycle costs Total gigawatts 9000 x 40 years Life-cycle cost per gigawatt 31440m360000 gigawatts 87000 to the nearest 000 17 If the useful life of the nuclear station is increased the operating cost will be incurred every year thus increasing the total life-cycle costs.
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