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Life cycle cost analysis

A life cycle cost analysis calculates the cost of a system or product over its entire life span.

The analysis of a typical system could include costs for:

planning,
design,
development,
production,
maintenance,
disposal or salvage.

This cost analysis depends on values calculated from other reliability analyses like failure rate, cost of spares, repair times, and component costs.

See also economics

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Life cycle cost analysis".