cost analysis for dummies
Cost-Benefit Analysis for Dummies. Written by Carl Alsabrook. Law enforcement agencies use basic police vehicle cost analysis, i.e., lifecycle cost analysis (LCA), in examining acquisition costs of vehicles and equipment, as well as operating expenses associated with maintaining vehicles.he use pattern analysis also revealed that the Camaro would be used about 500 overtime hours a year for STEP program purposes. Multiplying these 500 overtime hours by the average overtime pay rate of $40 an hour results in the above mentioned annual $20,000 labor expense.