full details of TCS analysis

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TCS analysis is a method used to analyze the total cost of ownership of a product or service.

TCS analysis considers all costs associated with owning and using a product or service, including initial purchase price, maintenance costs, and operating costs.
It helps businesses make informed decisions about whether to invest in a particular product or service based on the total cost over its lifetime.
TCS analysis can also help identify areas where costs can be reduced or optimized to improve overall profitability.
For example, a company may use TCS analysis to compare the total cost of owning and operating two different manufacturing machines to determine which one is more cost-effective in the long run.

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