A reduction in the value of an asset over time, due in particular to user and damage. Such as computers, equipment. There is a depreciation since the time of purchase. Physical condition: Is the asset adequately maintained? Is there a maintenance backlog that requires attention? Are major replacements or refurbishments likely to be required during the planning period? Functionality: How well suited is the asset to the activities and functions it supports? Utilisation: How intensively is the asset used? Could it be used more productively by extending its working hours, or by accommodating additional functions? Financial performance: Are the asset's operating costs similar to those for other comparable assets? {Use benchmarking to establish this wherever possible.) Are the energy, cleaning and maintenance costs reasonable? Are user charges being made, and how do they relate to the total operating costs of the asset [including the cost of capital)? reasons for purchase bakery equipment 0 Current capacity limited by existing oven will not be enough to serve forecasted long-term demand. ' Process cycle time, both baking and overall, is way too long and must be reduced to comply with production schedules. 0 Current oven is not energy efcient, with problems like too much heat loss, too much fuel consumption, or poor heat transfer from heat source to products