Description
"Life Cycle Costing: Techniques, Models and Applications" is a comprehensive guide to understanding and implementing life cycle costing in the field of product acquisition. It covers the history and definitions of life cycle costing, as well as current approaches and recent advancements. The book is suitable for readers with no previous knowledge on the subject and includes over 1150 references for further study. It also provides more than 50 examples with solutions, covering topics such as reliability improvement, warranty, computer hardware and software costing, vehicles life cycle costing, and processing systems costing. The target audience for this book includes engineers, business administrators, cost analysts, researchers, academics, and anyone involved in equipment procurement.
Product acquisition involves an examination of the support cost of major equipment over its total life years. Depending on the type of equipment, support costs may range from 10 to 100 times the cost of acquisition. "Life Cycle Costing: Techniques, Models and Applications" offers a comprehensive approach to the entire field, and treats it in such a way that the reader requires no previous knowledge to understand the contents. It covers all advances and recent progress in life cycle costing from its history and definitions to current approaches. It is fully referenced for deeper study in any specific area (there are over 1150 references with an appendix) and contains more than 50 examples with their solutions. Subjects covered include reliability improvement warranty, computer hardware and software costing, vehicles life cycle costing, reliability engineering, life cycle costing in the aircraft industry, and processing systems costing. This work is intended for all engineers and senior students of engineering or business administration, administrators, cost analysts, researchers, academics, and anyone involved with equipment procurement.
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