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averaging of the chronological
ages of multiple similar assets
or buildings, which
is done primarily for computational purposes in calculating effective age, bundled life and
remaining useful life.
Generally, the ages should have a narrow dispersion so that the blending does not skew the plan.
Listed below are some examples of blended age scenarios at different developments:
Fig. A multi-phase townhouse development built in different years has a blended age based on the average of the ages of all phases.
Fig. The roofs on the different buildings in this complex have a blended age, which is based on the average age of all the roofs.
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