The MTS Journal is the LEADING voice for Machinery and Technical Specialties valuers. Published by ASAʼs MTS Committee, the MTS Journal is written both for the appraiser who values equipment and for those who have a professional interest in the subject.
This article outlines the proper procedure using the Cost Approach - listing all the equipment, measuring and properly describing each asset, noting its condition and researching the new selling prices.
This article discusses the two major types that are available - the non-pressurized type that is vented to the atmosphere, and the pressurized type that is under a pressure greater than atmospheric pressure (14.7 PSI).