Life-Cycle Cost Management Is Particularly Important for Firms That Have

Multiple Choice

Life-cycle cost management is particularly important for firms that have

A) short life cycles because those firms have less opportunity to take advantage of the time value of money.
B) long life cycles because those firms have more opportunity to take advantage of the time value of money.
C) long life cycles because those firms have more opportunity to enhance profit performance through product redesign or cost reduction.
D) short life cycles because those firms have less opportunity to enhance profit performance through product redesign or cost reduction.