Examples of Critical spare parts in a sentence
Critical spare parts purchased for particular items of plant, are capitalised and depreciated on the same basis as the plant to which they relate.
Critical spare parts are recognized in the Utility's property, plant and equipment.The recoverable value of inventory considers its net realizable value, including required processing costs, and is impacted by estimates and assumptions on prices, quality, recovery and exchange rates.
Critical spare parts have the ability to be tagged within Maximo, ensuring that the Warehouse always has these parts in stock.
Critical spare parts should be kept in stock since storage may be cheaper than the cost of long downtime due to lack of spare parts.To reduce the cost of the intervention vessels, companies generate simulation mod- els to quantify mobilizations, interventions, preventive and corrective maintenance and even the stopping activities caused by weather disruptions.
Critical spare parts such as tapes, papers, and batteries will be kept on site to minimize down time of malfunctioning instruments.
Critical spare parts are assessable whether the taxpayer elects to depreciate, amortize, treat as deferred cost, or expense at time of purchase or manufacture and recovers cost through an increased unit price or any other method utilized in recapturing the costs.
Resources for the realization of necessary maintenance are available.• Critical spare parts are identified and their stocks managed.
Critical spare parts will be kept on hand to avoid delays and reduce downtime.
Critical spare parts (components) are stated at cost and are depreciated over the shorter of the economic life of the component or the tangible asset that the component is incorporated into, once the component is utilised.
Critical spare parts and components should be made available through established channels of communication with equipment suppliers.