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Analysis of Alternatives

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Analysis of Alternatives

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what is the differnce between total cost ownership and procurement under the lowest purchasing price philosophy?

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TCO stands for Total Cost of Ownership.

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The term total cost of ownership means the following; a financial estimate, the term used to help the consumer and enterprise managers to know the cost of the product directly or indirectly, and a management account concept that is used in full cost accounting.

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ink cartridge & paper

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