4 Key Benefits of Life Cycle Cost Analysis

Life-Cycle Cost Analysis (LCA) helpsย fleet managersย measure the long-term economic sustainability of their organizationโ€™s assets. When you calculate the total cost of ownership over the life of an asset, you not only improve your organizationโ€™s bottom line, but you also find the answer to the age-old question: should I hold onto or sell this asset? This minimizes the cost of investment and maximizes the profitability an asset will return.