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Total Cost of Ownership and Automation
Total Cost of Ownership and Automation
Total cost of ownership (TCO) is the ultimate measurement tool for determining the cost of operating automation; the holy grail in calculating program and piece part cost. The total cost approach attempts to include all the soft costs: maintenance, power, and floor space. And a warning: it’s not simple. Our expert panel will demystify and debunk the nitty gritty on TCO.
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