Cost due to damage to equipment, Biology

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Cost due to Damage to Equipment

Cost due to Damage to Equipment, Property etc.

Tooling may have to be redesigned, adding cost.
Cost due to reduced output and delays for rescheduling.
Direct loss of equipment or property which has to be repaired or replaced.
The damaged equipment/machinery remaining out of operation increases overhead cost.
The loss may also occur due to damage to system, plant, facility or material.
The damaged equipment operates below par.
Loss due to reduction in production.

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