The product's purchase cost plus the discounted cost of maintenance and repair less the discounted salvage value gives the ________.
A) service warranty cost
B) out-of-pocket cost
C) life-cycle cost
D) facilitating services cost
E) value-augmentation cost

Question

Quizplus · Accepted Answer

The given equation calculates the life-cycle cost of the product by taking into account its purchase cost, discounted maintenance and repair cost, and the discounted salvage value. Therefore, option C is the correct answer.

The Product's Purchase Cost Plus the Discounted Cost of Maintenance