Total Cost of Ownership

(redirected from Total cost of operations)
Also found in: Acronyms.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
When faced with competitive pressures or aggressive financial performance expectations, some companies are choosing to partner with reputable BPO providers that can deliver high-quality services for a lower total cost of operations.
Logistics comprise about 15 percent of the total cost of operations for most Mexican businesses, compared to just seven to eight percent in developed nations, according to Miguel Trejo, marketing manager of United Parcel Services (UPS) Mexico.
Exigen, a global provider of business process software and services focused on lowering the total cost of operations for companies in services industries, has leased the entire 17th floor totaling 12,208 square feet.
However, the proportion of actual spending committed to maintenance by the majority of organizations (from the total cost of operations) is less than 10 percent--with almost two-thirds allocating less than half of their maintenance budgets for preventive works.
However, the proportion of actual spending committed to maintenance by the majority of organisations (from the total cost of operations) is less than 10%--with almost two-thirds allocating less than half of their maintenance budgets for preventive works.
It also enables an enterprise to reduce total cost of operations while moving data from an unstructured to a structured data format.
"The interface is designed to provide just-in-time provisioning, 'Hot- Cut' coordination, and additional load-balancing functions that will, ultimately, lower a service providers' total cost of operations," said Carl P.
The treatment program is also expected to help reduce Suncor's total cost of operations while enhancing environmental benefits.
This will immediately reduce the total cost of operations. Be careful to realize that reducing mechanic staffing levels will not appreciably lower your fully burdened labor rate.
Under the "ratio" method safe harbor, in-house lobbying expenses generally would be the total cost of operations multiplied by a fraction, the numerator of which is total lobbying labor hours and the denominator of which is total taxpayer labor hours.
In-house lobbying expenses generally are deemed to be equal to the total cost of operations multiplied by a fraction, the numerator of which is lobbying labor hours and the denominator of which is total taxpayer labor hours.