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  2. Whole-life cost - Wikipedia

    en.wikipedia.org/wiki/Whole-life_cost

    Whole-life cost is the total cost of ownership over the life of an asset. [1] [clarification needed] The concept is also known as life-cycle cost (LCC) or lifetime cost, [2] and is commonly referred to as "cradle to grave" or "womb to tomb" costs. Costs considered include the financial cost which is relatively simple to calculate and also the ...

  3. Life-cycle cost analysis - Wikipedia

    en.wikipedia.org/wiki/Life-cycle_cost_analysis

    Life-cycle cost analysis (LCCA) is an economic analysis tool to determine the most cost-effective option to purchase, run, sustain or dispose of an object or process. The method is popular in helping managers determine economic sustainability by figuring out the life cycle of a product or process.

  4. ISO 15686 - Wikipedia

    en.wikipedia.org/wiki/ISO_15686

    ISO 15686 is the in development ISO standard dealing with service life planning.It is a decision process which addresses the development of the service life of a building component, building or other constructed work like a bridge or tunnel.

  5. Term vs. Whole Life Insurance: What’s the Difference?

    www.aol.com/finance/term-vs-whole-life-insurance...

    Benefits. Term Life Insurance. Whole Life Insurance. Duration. Varies; can last for a period of years or to a specific age. Life. Cost. Variable, but usually lower than whole life policies

  6. Management accounting - Wikipedia

    en.wikipedia.org/wiki/Management_accounting

    Life-cycle costing recognizes that managers' ability to influence the cost of manufacturing a product is at its greatest when the product is still at the design stage of its product life-cycle (i.e., before the design has been finalized and production commenced), since small changes to the product design may lead to significant savings in the ...

  7. Environmental full-cost accounting - Wikipedia

    en.wikipedia.org/wiki/Environmental_full-cost...

    A cost is the cash value of the resource as it is used. For example, an outlay is made when a vehicle is purchased, but the cost of the vehicle is incurred over its active life (e.g., ten years). The cost of the vehicle must be allocated over a period of time because every year of its use contributes to the depreciation of the vehicle's value.

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