4 Key Benefits of Life Cycle Cost Analysis

Life-Cycle Cost Analysis (LCA) helpsย fleet managersย measure the long-term economic sustainability of their organizationโs assets. When you calculate the total cost of ownership over the life of an asset, you not only improve your organizationโs 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.