Keywords: Contracts
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Journal Articles
Journal of Quality in Maintenance Engineering (2006) 12 (1): 52–67.
Published: 01 January 2006
... equipment, in addition to preventive maintenance action. Upgrading action makes equipment younger and preventive maintenance action lowers the ROCOF. Practical implications There is a growing trend towards leasing equipment rather than owning it. The lease contract contains penalties if the equipment...

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