Life Cycle Costing: Theory & Practice 📊

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In this video, I have discussed about Life-cycle cost. Life-cycle cost is crucial for pricing a product as it considers all expenses incurred from production to disposal. By factoring in costs across the entire lifespan, businesses can set prices that cover not just manufacturing but also maintenance, support, and eventual disposal, ensuring profitability while staying competitive in the market.

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Time Stamp
0:00 Life cycle costing - Theory
17:41 Life cycle costing – Problem 1 - ACCA PM FIT Co December 2011
32:37 Life cycle costing – Problem 2 - ACCA PM CAM Co June 2013
43:57 Life cycle costing – Problem 3 - ACCA APM Alflonnso December 2016