Examlex
When the direct write-off method is used:
Maintenance Commitment
The obligation or dedication to keep equipment, systems, or infrastructure in working order through routine checks and repairs.
Infant Mortality
Early failure rate of a product or system shortly after its inception or initial use.
MTBF Distribution
A statistical representation describing the expected time between failures of a mechanical or electronic system, used in reliability engineering.
Breakdown Maintenance
A maintenance strategy that involves repairing or replacing equipment and components only after they have failed.
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