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1

Observed Life
The actual life achieved by an asset, at a particular point in time, as opposed to the theoretical life.

Observed life is used to establish survivor curves. and is represented in an
Observed Life Table (OLT).
I. Care and his fellow owner/manager are debating whether the life of assets are candidates for "extending life" or only "reaching life"
Fig. I. Care and his fellow owner/manager are debating whether the life of assets are candidates for "extending life" or only "reaching life"

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