According to the life-cycle cost budgeting model, 90 percent of costs are incurred during the
A) development stage
B) production stage
C) postproduction stage
D) logistics support stage

Question

Quizplus · Accepted Answer

The life-cycle cost budgeting model suggests that 90 percent of costs are incurred during the development stage. This is because decisions made early in the development process can significantly impact the overall costs of a project, including production, operation, and maintenance costs.

According to the Life-Cycle Cost Budgeting Model, 90 Percent of Costs