Life Cycle Cost Analysis
Life Cycle Cost Analysis (LCCA) is a method used to evaluate the total cost of a system or product over its entire life cycle. It takes into account all costs associated with the system or product, including design, development, production, operation, maintenance, and disposal. LCCA is used in space and astronautical engineering to compare different design options and to determine the most cost-effective solution. It helps engineers and decision-makers to identify the most efficient use of resources and to make informed decisions based on the total cost of ownership.
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