lifecycle

This topic has 2 replies, 2 voices, and was last updated 9 years ago by John Moffat.

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January 28, 2017 at 2:05 pm #370056
firelion28
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hi john

why is opportunity cost not taken in lifecycle costing? what is the logic behind it?

thanks
January 28, 2017 at 2:30 pm #370057
firelion28
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also, in the shortrun, how are all the costs fixed?
January 29, 2017 at 8:12 am #370094
John Moffat
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Because we are specifically only looking at the direct costs involved.

Costs being fixed in the short-run is nothing to do with lifecycle costing, it is throughput accounting and `I explain the logic behind it in the free lecture.
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