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Discuss briefly the concept of life-cycle costing

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Reference no: EM132826282

Problem 1: Discuss the underlying principles of a Total-Quality Management (TQM) philosophy, giving appropriate examples and/or illustrations.

Problem 2: Discuss briefly the concept of life-cycle costing in terms of its definition and how the life-cycle costing technique differs from the traditional cost accumulation system.

Reference no: EM132826282

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