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

    Keywords

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

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