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  2. List of dimensionless quantities - Wikipedia

    en.wikipedia.org/wiki/List_of_dimensionless...

    Chemical engineering, material science, mechanics (A scale to show the energy needed for detaching two solid particles) [13] [14] Cost of transport: COT = energy efficiency, economics (ratio of energy input to kinetic motion) Damping ratio

  3. What Is Depreciation? Importance and Calculation Methods ...

    www.aol.com/finance/depreciation-importance...

    The most common tax depreciation method used in the U.S. is the Modified Accelerated Cost Recovery System or MACRS. This accelerates depreciation and provides greater deductions in the early years.

  4. Depreciation - Wikipedia

    en.wikipedia.org/wiki/Depreciation

    An asset depreciation at 15% per year over 20 years. In accountancy, depreciation refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used ...

  5. Nondimensionalization - Wikipedia

    en.wikipedia.org/wiki/Nondimensionalization

    Choose judiciously the definition of the characteristic unit for each variable so that the coefficients of as many terms as possible become 1; Rewrite the system of equations in terms of their new dimensionless quantities. The last three steps are usually specific to the problem where nondimensionalization is applied.

  6. Dimensionless quantity - Wikipedia

    en.wikipedia.org/wiki/Dimensionless_quantity

    Cost of transport is the efficiency in moving from one place to another; Elasticity is the measurement of the proportional change of an economic variable in response to a change in another; Basic reproduction number is a dimensionless ratio used in epidemiology to quantify the transmissibility of an infection.

  7. Depreciation (economics) - Wikipedia

    en.wikipedia.org/wiki/Depreciation_(economics)

    Modeling depreciation of a durable as delivering the same services from purchase until failure, with zero scrap value (rather than slowing degrading and retaining residual value), is referred to as the light bulb model of depreciation, [1]: S150 or more colorfully as the one-hoss shay model, after a poem by Oliver Wendell Holmes Sr., about a ...

  8. Techno-economic assessment - Wikipedia

    en.wikipedia.org/wiki/Techno-economic_assessment

    Techno-economic assessment or techno-economic analysis (abbreviated TEA) is a method of analyzing the economic performance of an industrial process, product, or service. The methodology originates from earlier work on combining technical, economic and risk assessments for chemical production processes. [ 1 ]

  9. Cost basis - Wikipedia

    en.wikipedia.org/wiki/Cost_basis

    Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.