Question: Life cycle costing technique Question 9 options: Involves all of the costs associated with a system ( e . g . , aircraft, engine )
Lifecycle costing technique
Question options:
Involves all of the costs associated with a system eg aircraft, engine or product
is used in all stages in the supply chain in research and development, production and construction, purchasing and acquisition, operations and maintenance, and system or product retirement.
is used to reduce total acquisition, manufacturing, operation, and retirement costs for a system or product.
Provides an understanding of how decisions made early in the design of a product affect subsequent costs occurring later during the product life cycle.
All of the above are correct
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