The terms Whole Life Cost (WLC) and Life Cycle Cost (LCC) have been used interchangeably - and their meanings have become confused. WLC is a methodology for the systematic economic consideration of all whole life costs and benefits over a period of analysis, as defined in the agreed scope.
CITATION STYLE
Tzanakakis, K. (2013). LCC and WLC (Whole Life Costing). Springer Tracts on Transportation and Traffic, 2, 305–306. https://doi.org/10.1007/978-3-642-36051-0_40
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