Examlex
Write the number from the list of engineering branches or sub-branches for the most appropriate description. Note that all of the choices will not be used.
-Exploration, production and transportation of natural gas
Spare Parts
Components kept on hand for the purpose of replacing failed or worn-out parts in order to maintain the functioning of machinery or equipment.
Equivalent Annual Cost
A financial analysis tool used to compare the cost-effectiveness of two or more investment projects with differing lifespans by calculating the annual cost of each project over its life.
Rate of Return
The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.
Equivalent Annual Cost
A financial analysis tool used to compare the cost effectiveness of two or more alternatives with different lifespans expressed on an annual basis.
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