CHapter 8: Whole Life Cycle Cost

What does WLCC stand for?

• Whole Life Cycle Cost

• World Life Cycle Cost

• Wide Life Cycle Cost

• Whole Life Cost Cycle

Which formula represents WLCC?

• Initial Cost + Operation Costs + Maintenance Costs + Replacement/Refurbishment Costs + Disposal Costs – Residual Value

• Initial Cost + Operation Costs + Maintenance Costs

• Initial Cost + Replacement/Refurbishment Costs + Disposal Costs

• Operation Costs + Maintenance Costs + Disposal Costs

What does the Initial Construction Cost include?

• Upfront costs of land acquisition, design, construction, professional fees, and statutory approvals

• Design and construction costs

• Land acquisition and statutory approvals

• Professional fees

Which of the following is NOT included in Operation Costs?

• Land acquisition

• Energy

• Water

• Cleaning

What do Maintenance and Repair Costs cover?

• Planned preventive maintenance and unplanned repairs

• Planned preventive maintenance

• Unplanned repairs

• Neither planned nor unplanned maintenance

How many key components of cost in use are there?

• Four

• Five

• Six

• Seven

What forms a substantial portion of the cost in use?

• Marketing expenses

• Operation costs

• Insurance premiums

• Legal fees

What can neglecting preventive maintenance lead to?

• Reduced energy efficiency

• Costly emergency repairs or early system failures

• Increased property value

• Lower insurance premiums

What does energy-efficient design typically result in?

• Higher initial costs but lower energy bills

• Lower initial costs and higher energy bills

• Higher initial costs and higher energy bills

• Lower initial costs and lower energy bills

What is an example of a material that requires less cleaning effort in high-use corridors?

• Ceramic tiles

• Carpets

• Wooden floors

• Vinyl flooring