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Life Cycle costs is prominent factor. Considering which little bit of variation in direct price could be acceptable subjected to management decision.
I agree with Mr. Imran
Life cycle costing is most frequently associated with environmental purchasing, but in fact has been used successfully in capital equipment acquisitions for many years. LCC is a means of evaluating performance “from the cradle to the grave” and provides a measure of the “total cost of acquisition” or the “total cost of ownership”.