Total Cost of Ownership - definition. What is Total Cost of Ownership
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Total cost of ownership         
METHOD OF COST ANALYSIS
Total Cost of Ownership; Cost of ownership; Total cost of 0wnership; Total cost of operations; Total cost of operation; TCO costs; Costs of ownership
Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs.
Total benefits of ownership         
Total benefits of ownership (TBO) is a calculation that tries to summarise the positive effects of the acquisition of a plan. It is an estimate of all the values that will affect a business.
Total cost         
  • One can decompose total costs as the sum of [[fixed costs]] and [[variable costs]]. Here output is measured along the horizontal axis. In the [[Cost-Volume-Profit Analysis]] model, total costs are linear in volume.
  • The total cost curve, if non-linear, can represent increasing and [[diminishing marginal returns]].
TOTAL ECONOMIC COST OF PRODUCTION
Total Cost; Total Costs; Total costs
In economics, total cost (TC) is the minimum dollar cost of producing some quantity of output. This is the total economic cost of production and is made up of variable cost, which varies according to the quantity of a good produced and includes inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced and includes inputs that cannot be varied in the short term such as buildings and machinery, including possibly sunk costs.
أمثلة من مجموعة نصية لـ٪ 1
1. A quality product obviously costs more than an inferior one, but the fact that it lasts longer and performs better generally reduces TCO (total cost of ownership).»
2. The thing that‘s misleading is that for free software to take over – well, the purchase price of software is only about 10 percent of the total cost of ownership of software.
3. The solution features a high–tech robotic design, and helps improve operating efficiencies and lower total cost of ownership by maximizing the value of storage investments and minimizing the use of mainframe production resources, STME CEO Peter Aubrey said welcoming the partnership.