In engineering, the term that refers to the sum of all costs that are associated with a structure, a service, or a product during its entire life span is
A)life-cycle cost.
B)life-span cost.
C)sustainability cost.
D)total cost.

Question

Quizplus · Accepted Answer

Life-cycle cost takes into account all costs associated with a structure, service or product over its entire life span including acquisition, operation and maintenance costs as well as disposal and replacement costs. This approach to cost analysis allows for a more comprehensive understanding of the overall cost of a project and can aid in decision making regarding design, materials selection and maintenance strategies.

In Engineering, the Term That Refers to the Sum of All