Total Cost of Ownership

(redirected from Total cost of operation)

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.
References in periodicals archive ?
Our number one priority is to increase levels of customer satisfaction through providing commercial vehicles you can trust, and after-sales solutions that will lower customers' total cost of operation.
The SGT-A35 gas turbine configuration incorporates a variety of proprietary technical features that have positioned the turbine as the engine of choice for reliability and lowest total cost of operation in the gas transmission market.
Delivering high-production in all loading applications, the 988K XE is recommended for demanding job sites where fuel efficiency makes a difference in the machine's total cost of operation.
The transaction will also enable BASF to further optimise its paper chemicals assets in order to boost the efficiency of paper machines and reduce the total cost of operation, Andreas Tuerk, the senior vice president of the company's European paper chemicals division, has noted.
With this transaction BASF, the leading supplier of paper chemistry, will further optimize its paper chemicals portfolio in order to focus on customer-oriented products and solutions to improve the efficiency of paper machines and lower the total cost of operation.
With a peak speed of 182" per second the Turbo-Seal Insulated door maintains critical temperatures by combining the highest average opening speed with the lowest total cost of operation.
Our objective is to maintain safe, uninterrupted performance of the vessels' systems and, at the same time, we will explore opportunities to reduce the total cost of operation of the LNG and FPSO fleets' ultra high-pressure boiler systems with Nalfleet's product range and service engineers Nalco employs around 1,000 people in the UK and the chemicals division has around 80 people working in Northwich and at other locations around the world.
Paper mills should develop an understanding of how reducing total cost of operation (TCO) through water system closure must be precisely aligned with sheet properties established in the wet end.
Instead of logging on to each server, we can easily mange all appliances, either in groups or individually, from a single graphical interface, which significantly decreases time and monetary resources, lowering the total cost of operation.
This portfolio - to be showcased at Mobile World Congress in Barcelona next month - comprises a full, end-to-end network that delivers up to three times more data capacity per cell site and 30% lower total cost of operation through artificial intelligence-based automation.
Following the launch, Caterpillar is now recommending the use of the Cat 988K XE on all job sites where fuel efficiency represents a key consideration in the machine's total cost of operation.
The transaction will enable BASF to further optimise its paper chemicals assets in order to boost the efficiency of paper machines and reduce the total cost of operation, Andreas Tuerk, the senior vice president of the company's European paper chemicals division, said in a statement.