Showing posts with label week four. feb 3.. Show all posts
Showing posts with label week four. feb 3.. Show all posts

Life Cycle Costs

Analysis of the costs of a system or component over its entire life span
Typical costs include:
• Acquisition costs
• Operational costs
• Disposal costs
A complete life cycle cost analysis may include other costs such as financial or investment elements such as:
• Discount rates
• Interest rates
• Depreciation
• Present value of money

Net Present Value

total present value of a time series of cash flows- used to determine the time value of money

Calculated from:
• Time of cash flow
• Discount rate= rate used to discount future cash flows to their present value
• Net cash flow at the time

If NPV > 0- the investment would add value; if NPV < 0- the investment would subtract value