Life Cycle Cost Analysis (LCCA)

[Petr Mugver]

Hi all, for job reasons I have come across LCCA, and I have started documenting myself reading this ebook that I found googling: Fuller-Petersen, LCCA. Now, I'm new to the topic, and I have a few questions:

1) Is it just about calculating all the costs of two projects, maybe taking inflation and such into account for investments at different times, and comparing the two results?

2) Can anyone give me a link to a more complicated example, for instance a LCC example in which one or more continuous variables label the different projects to be compared, so that a minimum of calculus has to be used? Or

3) an example in which one or more of the costs summing up to give the expected investments are aleatory variables?

Thanks

 

[fresh_42]

Here is an example which looks quite complicated:
https://sustainable.stanford.edu/sites/default/files/Guidelines_for_Life_Cycle_Cost_Analysis.pdf