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  2. Sustainable refurbishment - Wikipedia

    en.wikipedia.org/wiki/Sustainable_refurbishment

    Sustainable refurbishment describes working on existing buildings to improve their environmental performance using sustainable methods and materials. A refurbishment or retrofit is defined as: "any work to a building over and above maintenance to change its capacity, function or performance' in other words, any intervention to adjust, reuse, or upgrade a building to suit new conditions or ...

  3. Facility condition index - Wikipedia

    en.wikipedia.org/wiki/Facility_Condition_Index

    The current replacement value is defined as what monetary value the organization places on the facility. An accurate FCI is dependent on the cost estimates developed for the facility deficiencies and current replacement value. [citation needed] The FCI is a relative indicator of condition, and should be tracked over time to maximize its benefit.

  4. Maintenance - Wikipedia

    en.wikipedia.org/wiki/Maintenance

    Predictive replacement is the replacement of an item that is still functioning properly. [26] Usually it is a tax-benefit based [ citation needed ] replacement policy whereby expensive equipment or batches of individually inexpensive supply items are removed and donated on a predicted/fixed shelf life schedule.

  5. Parable of the broken window - Wikipedia

    en.wikipedia.org/wiki/Parable_of_the_broken_window

    In other words, Bastiat does not merely look at the immediate but at the longer effects of breaking the window. Bastiat takes into account the consequences of breaking the window for society as a whole, rather than for just one group. [3] [4] Austrian theorists cite this fallacy, saying it is a common element of popular thinking.

  6. Repairable component - Wikipedia

    en.wikipedia.org/wiki/Repairable_component

    Repair costs can be expensive, including costs for the labor for the removal the broken or worn out part (described as unserviceable), cost of replacement with a working (serviceable) from inventory, and also the cost of the actual repair, including possible shipping costs to a repair vendor.

  7. HVAC: REPLACEMENT VS. REPAIR - AOL

    www.aol.com/news/2008-08-15-hvac-replacement-vs...

    When and how to invest in your heating, ventilation and air conditioning system. The time to consider upgrades and repairs for your home s heating and cooling systems is before you need the ...

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