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Strategic Financial Planning and Control

C/F/1099. Review of article “Learning by Costing” by Lindholm and Suomala

WORDS:
3550
DATE:
2011
PRICE:
39.99 GBP

The paper reviews the article “Learning by Costing: Sharpening Cost Image through Life Cycle Costing” by A. Lindholm and P. Suomala based on the study of life cycle costing (LCC) conducted by the Finnish Defence Forces (FDF). The review includes the summary of the article, description of the methodology, the challenges of the study, information about the authors, etc. The benefits of LCC are argued discussing whether long-term cost management can work in uncertain environments.

 

KEYWORDS: Review, Learning by Costing, Lindholm, Suomala, Finnish Defence Forces, FDF, life cycle costing, long-term cost management,

 
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