Home        About       News       Library       Contact
1

Residual Life
The amount of life remaining after economic life or technological life has been reached and before functional failure ("F") of an asset.

The concept is similar to the mathematical calculation of service life minus effective age. Similar to
remaining life.
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.

See also:

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"

(c) Copyright Asset Insights, 2013, All Rights Reserved. - "Insight, foresight and oversight of assets"