coststo
Coststo is a term used in economics and business planning to denote the total costs required to bring a product or service to its intended outcome over its entire lifecycle. While not a standardized term in all fields, coststo is employed to emphasize a comprehensive view that extends beyond initial price or purchase cost, incorporating ongoing expenses and eventual retirement or replacement.
The scope of coststo typically includes development and design costs, capital expenditures for facilities or equipment,
Calculation of coststo usually involves identifying a defined time horizon, estimating cash flows for each cost
Relation to other concepts: coststo overlaps with and complements concepts like total cost of ownership (TCO),