Whole-Life Cost

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Whole-Life Cost

The total amount a company spends on an asset over its entire usable life. Examples of whole-life costs include planning, research, purchase price, and maintenance. Companies estimate the whole-life cost prior to purchasing a new asset to determine whether or not it will be cost effective. It is also called the life cycle cost.
References in periodicals archive ?
Increased processing density and built-in scalability up to 100Gbps reduces the whole life costs through times of uncertainty and expansion.
Citroen, a France-based automaker, has named Jason King as its new Manager - Whole Life Costs.
A Honda spokesperson said: "Given the whole life costs of both of these cars I suspect they will prove popular with scrappage customers.
Boughey recognised that modern lift truck operations are about whole life costs instead of initial purchase price.
Evaluation criteria for the Auto Express Glass's Guide Used Car honours include: depreciation, whole life costs, practicality, reliability, market sentiment, road test reports, and owner feedback.
Oman's detailed evaluation process included assessments of whole life costs and worldwide supportability.
Fleet car buyers have become increasingly aware of the importance of vehicles' whole life costs, which are greatly influenced by depreciation.
THE Mazda2 is top of its class for whole life costs, according to independent experts CAP.
We are seeking to ensure that we drive out waste and improve whole life costs.
5) Any other costs, pricing models, whole life costs or assumptions as outlined in the background section of this document.
An independent study of almost 200 port owners/operators, consulting engineers and contractors, conducted for Trelleborg Marine Systems, reveals that a fifth (20%) prioritise whole life costs when procuring equipment for their port development.