Life decisions

Minna Peltonen, Helena Kortelainen, Risto Kuukkanen, Ismo Virtanen

Research output: Contribution to journalArticleScientificpeer-review

1 Citation (Scopus)

Abstract

The Life Cycle Cost (LCC) and Life Cycle Profit (LCP) analysis is a systematic approach aimed at calculating the costs, profits and profitability of an investment over its entire life span. At present, many companies such as VTT Automation are finding that this tool is very valuable during the design phase of a project in order to determine the most cost-effective solutions before substantial costs are incurred.

Original languageEnglish
Pages (from-to)14-15
Number of pages2
JournalPulp and Paper Europe
Volume7
Issue number1
Publication statusPublished - Jan 2002
MoE publication typeA1 Journal article-refereed

Fingerprint

Profitability
Costs
Life cycle
Automation
Industry

Keywords

  • decision making
  • investments
  • life cycle
  • cost benefit analysis
  • lubrication

Cite this

Peltonen, M., Kortelainen, H., Kuukkanen, R., & Virtanen, I. (2002). Life decisions. Pulp and Paper Europe, 7(1), 14-15.
Peltonen, Minna ; Kortelainen, Helena ; Kuukkanen, Risto ; Virtanen, Ismo. / Life decisions. In: Pulp and Paper Europe. 2002 ; Vol. 7, No. 1. pp. 14-15.
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Peltonen, M, Kortelainen, H, Kuukkanen, R & Virtanen, I 2002, 'Life decisions', Pulp and Paper Europe, vol. 7, no. 1, pp. 14-15.

Life decisions. / Peltonen, Minna; Kortelainen, Helena; Kuukkanen, Risto; Virtanen, Ismo.

In: Pulp and Paper Europe, Vol. 7, No. 1, 01.2002, p. 14-15.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - Life decisions

AU - Peltonen, Minna

AU - Kortelainen, Helena

AU - Kuukkanen, Risto

AU - Virtanen, Ismo

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N2 - The Life Cycle Cost (LCC) and Life Cycle Profit (LCP) analysis is a systematic approach aimed at calculating the costs, profits and profitability of an investment over its entire life span. At present, many companies such as VTT Automation are finding that this tool is very valuable during the design phase of a project in order to determine the most cost-effective solutions before substantial costs are incurred.

AB - The Life Cycle Cost (LCC) and Life Cycle Profit (LCP) analysis is a systematic approach aimed at calculating the costs, profits and profitability of an investment over its entire life span. At present, many companies such as VTT Automation are finding that this tool is very valuable during the design phase of a project in order to determine the most cost-effective solutions before substantial costs are incurred.

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KW - investments

KW - life cycle

KW - cost benefit analysis

KW - lubrication

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JF - Pulp and Paper Europe

SN - 1370-754X

IS - 1

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Peltonen M, Kortelainen H, Kuukkanen R, Virtanen I. Life decisions. Pulp and Paper Europe. 2002 Jan;7(1):14-15.