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Life Cycle Costing Focuses on Costs Incurred in Production, but Not

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Life cycle costing focuses on costs incurred in production, but not on those incurred when an operation is closed down and requires costly clean-up activities.


Definitions:

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The degree to which a client feels that the service or product provided meets or exceeds their expectations.

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A class of medication primarily used to manage psychosis, including delusions, hallucinations, and disorders such as schizophrenia.

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