Asset type calculation Calculation assigned to the asset type’s minimum value calculator. The calculation name is followed by the name of the asset type. See Also Calculation Calculation that has been defined to arrive at the minimum degradation rate allowed for assets of this type. See Also Design code Design code that the calculation is used with, for example, API (American Petroleum Institute) or European. The formulas used for different standards affect the minimum value calculation. See Also Minimum value Minimum degradation allowance specified in the design code standard. This value is assigned to the asset if the calculator returns a lower value. See Also Selected calculation Calculation that has been selected as the minimum degradation allowance. See Also Description The description of the item. You can use this box to include any additional details.
