For purchases of capital goods such as manufacturing equipment, many U.S. buying organizations now use _______________ to analyze purchasing decisions, including trade-in or future estimated salvage value.

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Life-cycle costing is a method used to analyze purchasing decisions for capital goods such as manufacturing equipment. It takes into account the total cost of ownership over a product's entire lifespan, including factors such as trade-in value and future salvage value. This approach allows organizations to make more informed decisions that consider the long-term costs and benefits of different equipment options. E-procurement refers to the use of online platforms to manage purchasing, while activity-based costing and total costing are more general approaches to cost analysis that do not specifically focus on capital goods purchases.

For Purchases of Capital Goods Such as Manufacturing Equipment, Many