What Is The Meaning Of Life Cycle Costing?

Every product or service comes through stages to reach the market. Costs are incurred from stages of design, development, market launch, promotion, sales and to the point a product or service is withdrawn from circulation. These costs are called life-cycle costs These costs have the following components: Costs of research, design, production and testing. TheseContinue reading “What Is The Meaning Of Life Cycle Costing?”