Cost due to damage to equipment, Biology

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Cost due to Damage to Equipment

Cost due to Damage to Equipment, Property etc.

  • Tooling may have to be redesigned, adding cost.
  • Cost due to reduced output and delays for rescheduling.
  • Direct loss of equipment or property which has to be repaired or replaced.
  • The damaged equipment/machinery remaining out of operation increases overhead cost.
  • The loss may also occur due to damage to system, plant, facility or material.
  • The damaged equipment operates below par.
  • Loss due to reduction in production.

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