Life-Cycle Costing Is the Name Given to ________

question 85

Multiple Choice

Life-cycle costing is the name given to ________.

• A) a method of cost planning to reduce manufacturing costs to targeted levels
• B) the process of examining each component of a product to determine whether its cost can be reduced
• C) the process of managing all costs along the value chain
• D) a system that focuses on reducing costs during the manufacturing cycle

---

Definitions:

Search Engines

Web-based tools that index and search databases of internet resources, allowing users to find information online by typing keywords or queries.

Secondhand

Items that have been previously owned and used by someone else before being sold or given to another person.

Digital Deal

An agreement or transaction that takes place through electronic means, often involving the exchange of digital goods or services.

Groupon

A website that offers users discounted gift certificates usable at local or national companies, focusing on group buying power to obtain deals.