
Life Cycle Costing for Product Design Choices
It costs our customers to own our designed products. It costs them initially to purchase it, but it also costs them to use it, maintain it, repair it, and eventually dispose of it. And it costs our company in ways too, like processing, training requirements for customers, and warranty repair costs.
Life cycle costing can help our team choose between design alternatives, like alternate design options, features, manufacturing methods, or suppliers.
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