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1

Probable Life
The life of an asset based upon on an actuarial analysis in a probability distribution curve. The probable life is derived from an observed life table (OLT).
I. Care is attempting to slow down or reserve the sands of time so that he can undo the deferred maintenance
Fig. I. Care is attempting to slow down or reserve the sands of time so that he can undo the deferred maintenance. A futile but valiant attempt.



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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