Jim Humphries and Brad McCaleb

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Workforce Development July 8, 2004

Optimizing total cost of ownership

When total cost of ownership (TCO) is applied broadly, the tools and concepts enable users to make a measurable impact in plant operating costs and margins. Their value comes from refocusing decision-making processes based on price and purchase cost to consider all financial impacts associated with a decision.

By Jim Humphries and Brad McCaleb
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