A Buyer May Try to Estimate the Life-Cycle Cost of Purchasing

Multiple Choice

A buyer may try to estimate the life-cycle cost of purchasing a product.Life-cycle cost is defined as the ________.

A) product's purchase cost plus the total cost of maintenance and repair less any salvage value
B) product's purchase cost plus discounted cost of maintenance and repair less any salvage value
C) product's purchase cost plus discounted cost of maintenance and repair plus any salvage value.
D) product's purchase cost plus any salvage value.
E) product's purchase cost plus discounted cost of maintenance and repair