AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.
Benefit/Cost ratio (B/C) method
Net present worth method
Life cycle costs method (LCC)
Want to practice for CCE-CCC - Certified Cost Consultant / Cost Engineer (AACE International) ?