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Life Cycle 1. Life cycle costing results in earlier actions to generate revenues or to lower costs. 2. Although life cycle cost management is important

Life Cycle

1. Life cycle costing results in earlier actions to generate revenues or to lower costs. 2. Although life cycle cost management is important for all manufacturing firms, it is particularly important for firms that have products with short life cycles. Discuss. 3. Define life cycle budget. What is its utility to an organization.

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