In TCO for capital equipment, _____ are all costs associated with operating the equipment during its life.

Question

Quizplus · Accepted Answer

Usage costs refer to all expenses incurred during the operational life of the equipment, including maintenance, repairs, utilities, and labor costs. End of life costs are expenses associated with disposing or selling the equipment, while opportunity costs are the potential benefits or returns that could have been earned if the capital was invested elsewhere. Acquisition costs refer to the initial purchase or leasing expenses, and training costs are associated with educating individuals on how to operate and maintain the equipment.

In TCO for Capital Equipment, _____ Are All Costs Associated