Informal TCO (Dictionary Entry)
- David Doret
Owned by David Doret
Contexts | TCO |
|---|---|
Term | Informal TCO |
Definitions | A TCO approach where costs beyond price are considered informally, that is a “mental note” of the cost factor is made and taken into account in decision making but is not expressly priced. These cost factors are not added in the item or service cost. |
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