Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.
Examples of Life-cycle cost in a sentence
The reserve also includes an amount to cover future Lifecycle Cost prepayments.
More Definitions of Life-cycle cost
Life-cycle cost means the total cost of an item to the state over its estimated useful life, including costs of selection, acquisition, operation, maintenance, and where applicable, disposal, as far as these costs can reasonably be determined, minus the salvage value at the end of its estimated useful life.