It’s widely held that certain gadgets, cars and other tech have deliberately short lifespans, to make you shell out to replace them. What’s the reality? “They don’t make ‘em like they used to,” as the ...

IMGCAP(1)]The determination of fair value of machinery and equipment assets for financial reporting purposes should include the consideration of three forms of depreciation: physical, economic and ...

Have you ever wondered why major purchases — such as vehicles or large appliances — always seem to break down immediately after a manufacturer's warranty expires? Or perhaps you've asked how an ...

In Lewis Carroll's Through the Looking-Glass, the Red Queen tells Alice, "It takes all the running you can do, to keep in the same place." The race between innovation and obsolescence is like this.

Before properly exploring the impact of legacy equipment manufacturing (LEM), we must first change our perspective on electronics obsolescence, product lifecycles, and supply-chain risk management.

The word obsolescence means disuse, discontinuance, and obsoleteness. The term functional refers to the ability of a product to perform its normal operations. When those two words are combined, they ...