Obsolescence


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obsolescence

[‚äb·sə′les·əns]
(engineering)
Decreasing value of functional and physical assets or value of a product or facility from technological changes rather than deterioration.

Obsolescence

A loss in value due to a decrease in the usefulness of property caused by decay, changes in technology, people’s behavioral patterns and tastes, or environmental changes. Items or buildings that become out of date or practice and fall into disuse; also impairment of a building resulting from a change in the design or from external influences which tend to make the property less desirable for continued use.
References in periodicals archive ?
page 110) To give a sense of the times, Abramson offers quotes from the post-war growth era, such as "Yesterday's house is as obsolete as yesterday's car" (page 66, from year 1959); article titles such as "Expendability: Towards Throwaway Architecture" (page 71, from year 1963); and publication titles such as Kinetic Architecture (page 76, from mid-1960s), all of which demonstrate the new obsolescence thinking.
The French decree is part of a wider movement against planned and built-in obsolescence across the EU.
It is generally not a question whether a company or industry is experiencing external obsolescence in today's economy.
The causes of professional obsolescence are many, and a number of interacting factors appear to be involved.
Unfortunately, I'd say the norm is still to be reactive rather than proactive when it comes to obsolescence," he says.
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.
To make Ebonics and educational priority for African American children is irresponsible at best and planned obsolescence at worst.
Important issues of literature use and obsolescence studies were identified in a classic paper by Line and Sandison (1974).
Tool obsolescence has been identified by the industry as an increasingly important issue for 200mm manufacturing.
RS Components (RS), the trading brand of Electrocomponents plc the global distributor for engineers, today introduced Obsolescence Manager, a new online tool that can help OEMs and product developers to manage the problem of obsolescence, and plan for when the End-of-Life (EOL) notices are placed on parts that will soon cease to be produced, repaired and supported by component vendors.
Additionally, Guardian claimed the tax court had improperly calculated external obsolescence.