Application of Life Cycle Analysis in the Capital Assets IndustryIn the book Life Cycle Analysis (LCA)is defined as the assessment of the total cost or benefit of an asset over its lifetime. Also referred to as Whole Life Costing (WLC) or Life Cycle Value Analysis (LCVA). LCA systematically considers all relevant costs and revenues associated with the acquisition, ownership and disposal of an asset. It considers associated risks and uncertainties. Importantly, LCA supports a comprehensive assessment of