Abstract
The terms Whole Life Cost (WLC) and Life Cycle Cost (LCC) have been used interchangeably - and their meanings have become confused.
WLC is a methodology for the systematic economic consideration of all whole life costs and benefits over a period of analysis, as defined in the agreed scope.
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© 2013 Springer-Verlag Berlin Heidelberg
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Tzanakakis, K. (2013). LCC and WLC (Whole Life Costing). In: The Railway Track and Its Long Term Behaviour. Springer Tracts on Transportation and Traffic, vol 2. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-36051-0_40
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DOI: https://doi.org/10.1007/978-3-642-36051-0_40
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-36050-3
Online ISBN: 978-3-642-36051-0
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