Functional Obsolescence
What is
Functional Obsolescence
Functional or physical obsolescence is the time after which a product, equipment or property is outdated, malfunctioned or not functioning.
Related terms and methods:
- Depreciation
- Failure
- Life cycle
- Moral Obsolescence
- Obsolescence
- Planned maintenance
- Planned obsolescence
- PLM (Product Lifecycle Management)
- Preventive Maintenance
- Product (Service) Lifecycle
- Quality
- Recycling
- Reliability
Related management field:
- Facility Management
- Marketing and Sales
- Procurement
Last update: 28.07.2018
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