Life cycle cost: an individual consumer’s perspective

Autor:	Meyer Ungar, Yehoshua Liebermann
Rok vydání:	1997
Předmět:	Individual consumer Management of Technology and Innovation Strategy and Management Perspective (graphical) Economics Purchase cost Management Science and Operations Research Business and International Management Marketing Term (time)
Zdroj:	Managerial and Decision Economics. 18:227-234
ISSN:	1099-1468 0143-6570
DOI:	10.1002/(sici)1099-1468(199705)18:3<227::aid-mde807>3.0.co;2-5
Popis:	Pricing of certain items (mainly durables) involves two components: purchase cost and maintenance cost. The interaction between both cost components is commonly referred to by the term Life Cycle Cost (LCC). Previous studies indicate that potential buyers are not always aware of the adverse financial outcomes that may stem from certain selections where alternative LCC items are considered. Nevertheless, all these indications are rather indirect. The present study examines directly both the awareness of potential buyers to LCC considerations as well as their capability of handling 'properly' LCC decisions. In this regard hypotheses are formulated and tested against experimental data that simulate both durable and non-durable purchase situations. © 1997 John Wiley & Sons, Ltd.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d65ca67c56b2f2184ba27714a102224a https://doi.org/10.1002/(sici)1099-1468(199705)18:3<227::aid-mde807>3.0.co Zobrazit plný text záznamu Plný text ve formátu PDF