The concept of Total Cost of Ownership (TOC) to Design Power Packs

The concept of total cost of ownership is gaining ground in the design of power supplies.
Quote: The most difficult design considerations involve applications where there is no AC power, the product has an extended service life (sometimes measured in decades) and the battery is very difficult and/or expensive to replace.Endquote
This article gives some basics of this concept that will be useful to designers:
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