ABSTRACT
The specific purposes for an LCC perspective in acquisition management, product development, product upgrades, and so forth include
• Estimating the TOC to the stakeholder • Reducing/capturing TOC through use of LCC tradeoffs in the systems
engineering/product development process • Controlling costs through use of LCC contractual provisions in procurements • Assisting in day-to-day procurement decisions • Understanding TOC implications to determine whether to proceed to the
next development phase
LCCs in general are viewed from a pre-and postproduction perspective, with typical main categories as shown in Figure 4.1. This partial list of LCC general categories can be used to develop more detailed costs. Every system is unique, and this is by no means an all-encompassing list.
