Select a specific product and estimate the total cost of the item as it relates to:

• procurement
• handling
• distribution
• disposal

Any item available can have a TCO attached to it. The TCO concept is what all operations manager must understand to maintain profits while remaining marketable.

Incorporate:

the principles of Strategic Sourcing

demonstrate an understanding of the TCO concept and its applicability

Provide a table that lists all of the costs used to calculate the TCO for the selected product

list any assumptions used in the TCO calculations