Total Cost Of Ownership - TCO
In general, the purchase price of an asset plus the additional costs of operation.
|||For example, the total cost of ownership of a car is not just the purchase price, but also expenses incurred through use, such as repairs, insurance, and fuel.
|||For example, the total cost of ownership of a car is not just the purchase price, but also expenses incurred through use, such as repairs, insurance, and fuel.
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