_____ Is the Process of Identifying Cost Considerations Beyond Unit

question 55

Multiple Choice

_____ is the process of identifying cost considerations beyond unit price, transport, and tooling.

• A)Total cost of ownership
• B)Price analysis
• C)Make-buy analysis
• D)Portfolio analysis
• E)Low-cost country sourcing

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Definitions:

Resource Extraction

The process of retrieving raw materials from the natural environment for human use.

Stream of Profits

A continuous flow of earnings generated by a business or investment over a period of time.

Mining

The extraction of valuable minerals or other geological materials from the Earth.