Life cycle cost model
Life Cycle Costing (BG 67/2016), written by David Churcher and Peter Tse and published by BSRIA in March 2016, defines life cycle cost model as: ‘The mathematical model used to represent the costs and benefits of one of the possible solutions being considered within the life cycle costing analysis. The model runs from year 0 to the end of the study period.’
--BSRIA
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