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Total cost of ownership information


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.

For manufacturing, as TCO is typically compared with doing business overseas, it goes beyond the initial manufacturing cycle time and cost to make parts. TCO includes a variety of cost of doing business items, for example, ship and re-ship, and opportunity costs, while it also considers incentives developed for an alternative approach. Incentives and other variables include tax credits, common language, expedited delivery, and customer-oriented supplier visits.

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Total cost of ownership

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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...

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Total benefits of ownership

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"Total Cost and Benefit of Ownership (TCBO)". WilsonMar. Retrieved 2015-11-04. "Total Cost of Ownership (TCO) of IT". Total Cost of Ownership (TCO) of...

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Total cost

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total cost (TC) is the minimum financial cost of producing some quantity of output. This is the total economic cost of production and is made up of variable...

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Total value of ownership

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this methodology in 2003. TVO differs from total cost of ownership (TCO) in that TVO considers the benefits of alternative investments. It is a comparative...

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Flexirent

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be turned down by the average family. Many have criticised the total cost of ownership associated with 'Flexirenting'. A particular case highlighted in...

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Total cost of acquisition

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integration costs that might be considered operational costs. Total cost Total cost of ownership Procurement Purchase § Acquisition process Standard definitions...

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Electric car

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States and the European Union, as of 2020, the total cost of ownership of recent electric vehicles is cheaper than that of equivalent ICE cars, due to lower...

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Capital expenditure

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expense (operational expenditure, opex) Total cost of ownership (TCO) Contract management software Capital cost Cash flow statement Income statement Balance...

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SolidDB

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copies of the data synchronized at all times. solidDB can be embedded directly into applications and run virtually unattended for lower total cost-of-ownership...

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Application portfolio management

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(NOPAT) - (Capital * Cost of Capital) Total Cost of Ownership is a way to calculate what the application will cost over a defined period of time. In a TCO model...

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Electric vehicle

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conventional diesel vehicle. As of 2021[update] the purchase price of an EV is often more, but the total cost of ownership of an EV varies wildly depending...

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United States Military Standard

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products meet certain requirements, commonality, reliability, total cost of ownership, compatibility with logistics systems, and similar defense-related...

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Rechargeable battery

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Rechargeable batteries typically initially cost more than disposable batteries but have a much lower total cost of ownership and environmental impact, as they...

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Security as a service

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subscription basis more cost-effectively than most individuals or corporations can provide on their own when the total cost of ownership is considered. SECaaS...

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List of business and finance abbreviations

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Defined TCO – Total Cost of Ownership TCV – Total Contract Value TOTW – Time Off for Time Worked TQM – Total Quality Management TSR – Total shareholder...

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Contact center telephony

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productivity as well. BYOD programme significantly reduces the TCO (total cost of ownership) as professionals prefer to work with their own devices rather...

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Indirect costs

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Administration cost Selling & distribution cost Office cost Security cost Shipping and Postage Utilities and rent Total cost of ownership Standard AACE...

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Halloween documents

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(PDF) on November 7, 2007. Retrieved June 2, 2012. "Get the Facts: Total Cost of Ownership". Microsoft. Archived from the original (DOC) on April 11, 2007...

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Societal impacts of cars

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soon had a lower total cost of ownership, more people were routinely able to travel farther than in earlier times. The construction of highways in the...

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Operating expense

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commissions Capital expenditure (capex) Total cost of ownership (TCO) Capital budgeting Freight expense Operating cost Overhead (business) Working capital...

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System on a chip

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but after enough units of production ASICs reduce the total cost of ownership. SoC designs consume less power and have a lower cost and higher reliability...

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Snecma M88

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heavier single-engine fighter aircraft.: 36  M88 Pack CGP (for "total cost of ownership") or M88-4E Based on a study contract, with development and production...

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X terminal

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applications. X terminals enjoyed a period of popularity in the early 1990s when they offered a lower total cost of ownership alternative to a full Unix workstation...

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Cost model

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in the execution of an algorithm. Whole-life cost, the total cost of ownership over the life of an asset. Also known as Life-cycle cost (LCC). This disambiguation...

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Criticism of Microsoft

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consumers in to their products, and of not following or complying with existing standards in its software. Total cost of ownership comparisons between Linux and...

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