4 Key Benefits of Life Cycle Cost Analysis
Life-Cycle Cost Analysis (LCA) helps fleet managers measure the long-term economic sustainability of their organization’s assets. When you calculate the total cost of ownership over the life of an asset, you not only improve your organization’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.
