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Life Cycle Cost - Refers to the total cost of a product over the full life of the product. The cost includes design, development, production, and support. Acronym: LCC Reference: ECRC University of Scranton / Defense Logistics Agency Fairfax CALS Shared Resource Center 1994 Related Terms: Life Cycle Cost - acquisition | design | financial | life cycle | logistics | management | manufacturing | production | support |
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WWW Virtual Library of Logistics Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com Sponsored by LogisticsWorld. Copyright © 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved. |