Costs Efficiency Evaluation using Life Cycle Costing as Strategic Method
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F15%3A39900074" target="_blank" >RIV/00216275:25410/15:39900074 - isvavai.cz</a>
Result on the web
<a href="http://authors.elsevier.com/sd/article/S221256711501638X" target="_blank" >http://authors.elsevier.com/sd/article/S221256711501638X</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/S2212-5671(15)01638-X" target="_blank" >10.1016/S2212-5671(15)01638-X</a>
Alternative languages
Result language
angličtina
Original language name
Costs Efficiency Evaluation using Life Cycle Costing as Strategic Method
Original language description
Costs optimization is further developed not only by the pure economic theory but more with practical management. In the context of the economic crisis 2008 and the previous crises we do observe the pressure on the sophisticated cost optimization. Into the important strategic costs tools belong Activity Based Costing, Target Costing, Life Cycle Costing. We use these methods for optimal costs management, observation, and the costs minimization. In the article we applied the concept of Life Cycle Costing (LCC). This is an application of Life Cycle Hypothesis into the practical costs management. We present comprehensive information about the LCC method. In the other words, to provide and present the alternative approach how to achieve long term minimum value of total costs from strategic point of view
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Procedia Economics and Finance
ISBN
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ISSN
2212-5671
e-ISSN
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Number of pages
7
Pages from-to
337-343
Publisher name
Elsevier Science BV
Place of publication
Amsterdam
Event location
Zvolen
Event date
Oct 15, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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