obsolescence


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Related to obsolescence: external obsolescence, functional obsolescence, economic obsolescence

ob·so·les·cence

(ob'sō-les'ens),
Falling into disuse; denoting abolition of a function.
[L. obsolesco, to grow out of use]

obsolescence

[ob′səles′əns]
Etymology: L, obsolescere, to decay
1 a falling into disuse because of age or loss of function.
2 a state of being useless.
References in periodicals archive ?
A Broader Move: EU-Wide Initiatives to Combat Planned Obsolescence
AVCOM has been used to support a number of Air Force programs with obsolescence management since 1991.
External obsolescence of real property can occur if a poor economy leads to increases in the number of comparable properties on the market or the level of local unemployment, or drops in occupancy or rental rates.
In this article, macroeconomic data on the value and cost of real estate will be used to measure the waning and waxing of entrepreneurial profits, entrepreneurial incentives, and external obsolescence over time.
Managerial obsolescence is in relation to the knowledge, skill and attitude and therefore we have the following two definitions: Jones & Cooper (1980) defines obsolescence as the extent to which a manager's knowledge and skills have failed to keep pace with the current and likely future requirements of his job.
1), a compilation of the best proactive practices from across DoD Services and agencies for managing the risk of obsolescence.
Total Parts Plus is a member of the Component Obsolescence Group (COG), NEDA and IPC and has customers in over 30 countries worldwide.
Economic obsolescence is a form of depreciation, or loss in value, caused by unfavorable external conditions.
If we want to read data well into the future, we will need a device or technology that we know will be here twentyfive to fifty years from now and one that won't likely face obsolescence every ten years.
Fixed assets are rapidly being replaced with a genre of assets that do it cleaner, faster and more efficiently Rapid technological obsolescence results in actual market values for these assets that are much lower than the values determined using standard depreciation tables.
Thus, to take the average age of a set of articles as a predictor of obsolescence might be most seriously in error for the more important articles.
Tool obsolescence has been identified by the industry as an increasingly important issue for 200mm manufacturing.