economical lifespan using LCC (Life Cycle Cost) analysis. This study shows that the economical lifespan comes out 41 years when extra 10% cost has been considered after 25 years of the train service and 46 years when extra 10% cost not considered.
LCC(Life Cycle Cost) theory and decided the economical life-span of rolling stock. Through this study, I want to compare the life-span decided by law and the economical life span decided by this study and assist in preparing the long term strat
As the railway industry has a high portion of tangible assets, the accounting method for tangible assets is very important. This paper analyzes the newly adopted accounting method for tangible assets and proposes LCC for effective asset management.