Effective Lifecycle Costing Part 1 | Construction Equipment
Jan 23, 2018· Many people and organizations talk about "minimum life cycle cost per hour" or "minimum hourly cost of ownership." Few know exactly what they are talking about, and few, if any, provide the tools needed to implement the concept and understand how cost per hour varies over the life of the machine. The subject requires an understanding of hourly operating costs, hourly owning costs, and ...