In engineering, the term that refers to the sum of all costs that are associated with a structure, a service, or a product during its life span is
A) life-cycle cost.
B) life-span cost.
C) sustainability cost.
D) total cost.

Question

Quizplus · Accepted Answer

Life-cycle cost refers to the total cost associated with a structure, a service, or a product during its life span, including acquisition, operation, maintenance, and disposal costs. It takes into account the costs incurred at each stage of a product's life cycle and helps in making informed decisions about the most cost-effective option.

In Engineering, the Term That Refers to the Sum of All