What name is given for the technique used to calculate the total energy used for a product, including all production inputs, transportation, maintenance, and final disposal?
A) Total production cost assessment
B) Product/service costing
C) Total cost of ownership
D) Life cycle analysis

Question

Quizplus · Accepted Answer

The technique used to calculate the total energy used for a product, including all production inputs, transportation, maintenance, and final disposal is called life cycle analysis. Total production cost assessment and product/service costing only consider the cost aspect while total cost of ownership is limited to the total cost incurred by the consumer during the life of the product.

What Name Is Given for the Technique Used to Calculate