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What type of cost is the oil needed to maintain a large piece of equipment Opportunity cost Indirect cost Fixed Cost Variable Cost Life-cycle cost

What type of cost is the oil needed to maintain a large piece of equipment

Opportunity cost

Indirect cost

Fixed Cost

Variable Cost

Life-cycle cost (LCC) analysis is being used to help determine weather the purchase of a high-performance heating ventilation and air conditioning system is cost- effective. What would this analysis not consider?

  1. Cash flows made time-equivalent by converting them to present values

  2. Comparision with other measures of economic evaluations

  3. Appropriate risk and uncertainty assessments

  4. Customer satisfaction survey responses

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