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It is not the price ticket but the life-cycle costs which count

Costurile ciclurilor de viata ale procusului ca elemente determinante ale profitabilitatii
: Niemann, J.; Westkämper, E.

Revista de Management si Inginerie Economicã 2 (2003), No.4(8), pp.39-46
ISSN: 1583-624X
Journal Article
Fraunhofer IPA ()
Produktlebenszyklus; Controlling; Produktentwicklung; Kosten

This paper describes the paradigm for calculating the profitability of a product over its entire life cycle. Here, investment costs take second place to operating costs. Consequently life-cycle costing/controlling is being used more and more often in strategic investment planning.