When are 90 percent or more of a product's life-cycle costs determined?

Question

Quizplus · Accepted Answer

90 percent or more of a product's life-cycle costs are typically determined during the development stage, as this is when major decisions are made about the design, materials, and production processes that will impact the costs of manufacturing and distributing the product. While costs may fluctuate during other stages (such as the growth or maturity stages), the majority of the decisions that will impact these costs will have been made during the development stage.

When Are 90 Percent or More of a Product's Life-Cycle