Wednesday 30 December 2015

Types of product life Cost

Types of product life Cost

1.    Acquisition or Development Cost

Cost which incurred for the development to product is regarded as development costs. These include all costs which incurred till the product is ready for sales.

2.    Operational costs

These are cost incurred during the life of product i.e. (number of year it remained in market).

3.    End of life cost

These costs include the withdrawal cost of product.


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