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Under the minimum rationality approach,a classification must be wholly arbitrary.
Maintenance Hours
The total number of hours dedicated to maintaining and repairing machinery, equipment, or property within a certain period.
Maintenance Costs
These are expenses associated with the upkeep and repair of equipment or facilities to ensure they continue to operate efficiently.
Equipment Lease Costs
The expense incurred from leasing or renting equipment instead of purchasing it, often operational in nature.
Selling Price Per Unit
The amount of money charged to the customer for one unit of a product or service.
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