ACAP - Army Cost Analysis Position Practice Test
ACAP - Army Cost Analysis Position ACAP Economic Analysis and Life Cycle Costing
What is the purpose of a Life Cycle Cost (LCC) estimate for an Army acquisition program?
Select your answer
A
To capture all costs from concept through disposal to support investment decisions and budget planning
B
To determine the unit production cost of the end item
C
To establish the contractor's fee structure over the program's life
D
To estimate only the development and procurement costs of the system
Hint