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Shelf life is the recommended maximum time for which products or fresh (harvested) produce can be stored, during which the defined quality of a specified proportion of the goods remains acceptable under expected (or specified) conditions of distribution, storage and display.
Prince was built 1863 and operated 1864–1936, 1955–1968, 1980-present, a product life of over 150 years, a service life of around 125 years. Product lifetime or product lifespan is the time interval from when a product is sold to when it is discarded. [1]
The Canadian Food Inspection Agency produces a Guide to Food Labelling and Advertising which sets out a "Durable Life Date". [25] The authority for producing the guide comes from the Food and Drugs Act. The guide sets out what items must be labelled and the format of the date. [26] The month and day must be included, and the year if necessary.
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
First Expired, First Out (FEFO) is a term used in field inventory management to describe a way of dealing with the logistics of products that have a limited shelf life. These items include perishable products or consumer goods with a specified expiration date. The product with the deadline for the next intake will be the first to be served or ...
It is the time that any manufactured item can be expected to be "serviceable" or supported by its manufacturer. [citation needed] Service life is not to be confused with shelf life, which deals with storage time, or with technical life, which is the maximum period during which it can physically function. [3]
In economics and industrial design, planned obsolescence (also called built-in obsolescence or premature obsolescence) is the concept of policies planning or designing a product with an artificially limited useful life or a purposely frail design, so that it becomes obsolete after a certain predetermined period of time upon which it ...
In the European Union, cosmetics products with a shelf life of at least 30 months are not required to carry a "best used before end of..." date. date. Instead, there has to be "an indication of the period of time after opening for which the product can be used without any harm to the consumer".