Life cycle costing

Life cycle costing

Introduction

Various businesses uses current production cost in manufacturing or deciding prices when they practice full life cycle costs. The term product life cycle considers the time when product is at its initial stage in research and development to end point at which customer support is provided. This paper analyses the life cycle costing on General mills.

Discussion

General mills inc. is the leading business in producing packaged food for consumer globally. It is currently operating in more than hundred countries other than United States. It is public listed company and headquartered in Minneapolis, Minnesota and there are ...