A product has a four year life cycle and the costs for each year are shown in Table 1 Table 1 Product Costs Year 1 (R) 2 (R) 3 (R) 4 (R) R D 30000 Design 200000 Product Cost 120000 100000 80000 Marketing Cost 80000 60000 20000 Distribution Cost 2000 2400 1800 Customer Service Cost 1600 2400 1600 2 1 Calculate the total lifecycle cost and categorise them into each type of cost (7) 2 2 Discuss the 5 cycles of a product life cycle (10) 2 3 During what phase can the majority of costs be incurred (2) You have presented the following company information to the Production manager

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A product has a four year life cycle and the costs for each year are shown in Table 1  Table 1   Product Costs Year 1 (R) 2 (R) 3 (R) 4 (R) R   D 30000 Design 200000 Product Cost 120000 100000 80000 Marketing Cost 80000 60000 20000 Distribution Cost 2000 2400 1800 Customer Service Cost 1600 2400 1600 2 1 Calculate the total lifecycle cost and categorise them into each type of cost (7) 2 2 Discuss the 5 cycles of a product life cycle  (10) 2 3 During what phase can the majority of costs be incurred  (2) You have presented the following company information to the Production manager

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A product has a four-year life cycle and the costs for each year are shown in Table 1: Table 1 : Product Costs Year 1

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Year	1 (R)	2 (R)	3 (R)	4 (R)
R & D	30000
Design		200000
Product Cost		120000	100000	80000
Marketing Cost		80000	60000	20000
Distribution Cost		2000	2400	1800
Customer Service Cost		1600	2400	1600