Life Cycle Costing: Techniques and Applications
Chandra Shil, Nikhil / Parvez, Mahbub In today's complex business environment, both raising and application of fund becomes so costly. Thus, business needs to take a wise decision of investing funds in fixed facilities. NPV, PBP, IRR are some widely used tools in such situation most of which are based on projected revenues. LCC is special in a sense that it considers every cost category throughout the life of alternative projects from cradle to grave. If the amount of revenue is s...