Examlex
If a product fails 10 times in 500 hours of operation,then its mean time between failures (MTBF) is
Market Value
The present cost at which a service or asset is available for purchase or sale.
Book Value
The net value of a company's assets as recorded on the balance sheet, calculated by subtracting liabilities from the total value of assets.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Component Cost
The expense associated with acquiring or manufacturing each individual part of a product or service.
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