Total Cost of Ownership

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Total Cost of Ownership

The all-in cost for purchasing and maintaining an asset. For example, the total cost of ownership of a house is not simply the purchase price, but also includes the cost of taxes, utility bills, perhaps the cost of replacing or repairing parts of the structure, and any other relevant costs incurred during the time one owns the house.
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The modular design uses common components to reduce total ownership costs over the typical 10-plus year metal detector conveyor lifetime.
These novel and highly energy-efficient units were slightly more expensive but had significantly lower operating costs than conventional units, resulting in lower life-cycle (LC) or total ownership costs (TOC).
This strengthens the network infrastructure, improves security, reduces existing hardware footprint and decreases total ownership costs.
The EnviZion valve has been developed with one overarching goal to reduce the customer's total ownership costs and plant downtime, keeping production on-line with fewer interruptions," said Paul McClune, global product manager at ITT Engineered Valves.
NAVSEA is seeking ideas from the ACA for coatings and processes that will reduce total ownership costs from all sources.
In 2009, the NAE recognized the need for a greater emphasis on the future readiness of Naval Aviation forces, as well as controlling the total ownership costs of weapon systems.
01 which states that planning for O&S and the estimation of total ownership costs shall begin as early as possible.
Services include, but are not limited to, providing recommendations for assessments of the ATFP effectiveness, standardization, regional systems solutions, engineering efficiencies, reduction in total ownership costs, reduction of manpower, enterprise network solutions, performance based logistics, configuration management and recommended design and technical solutions based on commercial off-the-shelf technology.
Topics include environmental criteria, mechanical and equipment systems, airflow distribution, HVAC controls and energy management, liquid cooling, total ownership costs, and emerging technologies.
Integrate sustainability principles and practices in an effort to minimize the environmental impact and total ownership costs of Army systems, materiel, facilities, and operations.
I believe the current buyers' market is going to make purchasers look very hard at total ownership costs and the security of seven years cover is very attractive.
Minimize impacts and total ownership costs of Army systems, materiel, facilities and operations by integrating the principles and practices of sustainability.
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