Product Life Cycle: The Ultimate Aim in Product Development

  • Mahendra S. Hundal, Mahendra Hundal
  • Published 2002

Abstract

Product cost is one of the key attributes considered during the development process. The customer is interested not just in the purchase price but indeed in the total costs during the product's life. The life cycle costs include initial cost, operating and maintenance costs, less any salvage value. With increasing environmental awareness, the disposal cost… (More)

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