Examlex
Employees of a multinational organization will mostly likely opt for asynchronous technologies when large differences in time zones make it impossible for them to communicate on a real-time basis.
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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