Does the product or system have a long lifespan? (The longer its lifespan, the more important the follow-up costs and vice versa; the shorter the product’s life span, the more important the initial costs.)
• What is the amount of capital invested in relation to current costs? (The more significant
current costs are, the higher the potential for possible trade-offs.)
• Are there significant costs that can potentially be identified and reduced by applying lcc?