LIFE CYCLE COST
	A concept of a LCC is based on the integral eveluation of all of the investment components that are made, or considered to be made, by a company. Initial purchased cost of the equipment is only one of the many components of the costs incurred by an operating plant. Often, these other cost components may well outweigh the cost of the initial investment.
	The Total Cost of Ownership of the Piece of Equipment over a life Cycle Time is:
	LCC = Initial Cost + Installation and Commissioning + Energy Cost + Operating Cost + Maintenance and Repair + Environment Impact Cost + Decommissioning and Disposal
	Pumping Machinery Life Cycle Cost Evaluator Program looks at the overall impact of these components, and evaluates the investment strategy based on the integral, system approach, to ensure that the pump owner gets the best value for his or her investment.
	Learn more at  www.PumpingMachinery.com.