... addresses the effects of equipment age on financial costs, is a companion piece to Peltz et al. (2004),which studied the effects of age on readiness.Organization of this Document The remainder of ... Study of M1 Tanks, SantaMonica, CA: RAND Corporation, MR-1789-A, 2004, p. 27 (age-failure relationship) and p. 48 (high-costparts).2 Congressional Budget Office, The Effects of Aging on the ... of the Effects of EquipmentAge on Maintenance CostsThis chapter discusses the factors that can hamper studies of the effects of equipment age on maintenance costs. We begin with a discussion...