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NAPM InfoEdge
August 1996, Vol. 1 No. 14
Applying TCO to Capital Equipment 
The purchase of capital equipment contains additional areas of cost that should be considered when calculating total cost of ownership. A piece of equipment will be operational in your facility for many years. Calculating the total cost of the equipment over its entire operating life will give you a more cost-effective choice than will figuring initial cost only.
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