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Equivalent uniform annual cost (EUAC): A new approach to life cycle analysis

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Abstract
Unlike standard life cycle cost analysis; the Estimated Uniform Analysis Cost (EUAC) method expresses life cycle costs as an annualized estimate of cash flow instead of a lump-sum estimate of present value. Because life cycle costs are calculated as an annualized amount, roofing professoinals may use this new method to compare the economic value of roof systems with different service lifes. The paper will review the mechanics of the EUAC approach to life cycle cost analysis through a step-by-step example applied to a variety of modern roofing system alternatives.
Date
3/2006
Author(s)
James Hoff
Page(s)
115-124
Keyword(s)
life cycle analysis; uniform annual cost; EUAC;


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