Total cost of ownership (TCO)can be used to:
A)highlight cost reduction opportunities.
B)compare suppliers in a supplier selection decision.
C)prepare for a negotiation.
D)assess the reasonableness of a supplier's prices.
E)highlight cost reduction opportunities,compare suppliers in a supplier selection decision,prepare for a negotiation and assess the reasonableness of a supplier's prices.

Question

Quizplus · Accepted Answer

Total cost of ownership (TCO) can be used in various ways, such as highlighting cost reduction opportunities, comparing suppliers in a supplier selection decision, preparing for a negotiation, and assessing the reasonableness of a supplier's prices. Therefore, option E is the best choice.

Total Cost of Ownership (TCO)can Be Used To