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Deferred Maintenance Reporting for Federal Facilities Meeting the Requirements of Federal Accounting Standards Advisory Board Standard Number 6, as Amended (2001) / Chapter Skim
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Pages 36-36

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From page 36...
... RC is the replacement cost n = the total pieces of equipment for the condition code Example Calculation of BMAR Parameters: Assume a 300 item inventory; total replacement cost = $1,000,000; 4 item statistical sample. Inventory # Repair Cost Replace Cost Repair/Replace 7 100 10000 0.10 43 500 2000 0.25 115 300 4000 0.075 267 200 3000 0.066 Total replacement cost = $1,000,000 Condition Code Factor (CCF)
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Key Terms

  • condition code
  • replacement costs
  • repair cost
  • replacement cost
  • code factor

  • total replacement
  • net condition
  • dryden flight
  • costs multiplied
  • exponential function

  • flight research
  • item statistical
  • weighted average
  • property data
  • using real

  • random sample
  • simplified bmar
  • item inventory


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