The total cost of ownership, or TCO, includes the purchase price of a particular asset, plus operating costs over the asset's lifespan. Looking at the total cost of ownership is a way of assessing the long-term value of a purchase to a company or organisation. TCO often shows there is a large difference between purchase price and lifecycle ownership costs for assets in the marine environment.


Scottish Seaweed Industry Association

9A Bankhead Medway


EH11 4BY

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