Definition of total cost of ownership in English English dictionary
(Ekonomi) Total cost of ownership (TCO) is a financial estimate designed to help consumers and enterprise managers assess direct and indirect costs commonly related to software or hardware. It is a form of full cost accounting
(Ticaret) (TCO) The life cycle cost view of an asset, which includes acquisition, setup, support, ongoing maintenance, service and all operating expenses. It focuses attention on the sum of all costs of owning an asset, as opposed to the initial or vendor cost, and is useful in outsourcing decisions
Several items enter into the calculation of how much it actually costs to own a vehicle Understanding these items can help determine what is the best purchase for each person Ownership costs are divided into fixed costs and running costs Fixed costs are the same whether the car is used or just sits These costs usually decrease each year Running costs are variable and are incurred when the vehicle is used Running costs could increase as the vehicle ages
The cost of ownership describes a range of different expenses incurred by purchasing and maintaining a computer system Such costs include the original cost of the hardware and software, upgrades, maintenance, technical support and training
Cost of ownership looks at WLC from a resource basis (i e the direct costs plus all the resource costs such as Project Staff, Training, Infrastructure, Maintaining, Disposing, etc ) that a system consumes throughout the STP period
The full annualised representation of resources consumed directly in support, operation and maintenance of military equipment at all stages of its In-Service life It employs the same resource currency as the Short Term Plan and employs similar costing techniques as those employed in Output Costing