Who doesn’t like to save money? We’re all in search of a good deal, but how do you define what’s good? If you buy something on the cheap but it falls apart in a short time, is that a good deal? Maybe it’s smarter to pay more for something that last longer and performs better.
In business, this means considering total cost of ownership (TCO), that is, initial acquisition cost plus operating costs. Comparing TCO to purchase price alone is especially interesting when applied to pneumatic and electric linear actuators.