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Topic: Replacement value

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	Value over replacement player - Wikipedia, the free encyclopedia
		In baseball, value over replacement player (or VORP) is a statistic which demonstrates how much a player contributes offensively and defensively to his team in comparison to a fictitious "replacement player," who is an average fielder at his position and a below average hitter.
		The real controversy of VORP surrounds where the replacement level is set; many equations and methods exist for finding the replacement level, but most will set the level somewhere around 80% of the league average, in terms of runs per out.
		Now multiply that number (of runs) by.8, or whatever level your replacement equations give you; this is the number of runs you could expect a "replacement player" to put up for that number of outs.
	en.wikipedia.org /wiki/Value_over_replacement_player (534 words)

	[No title]
		For right-handed batters, the replacement level is 52, for left-handers it is 48, and for switch hitters it is 51.
		The average value for this modifier is 50 and the replacement level is 56.
		The replacement value for right-handed pitchers is 48 and for left-handers is 54.
	www.reynlow.com /gbc_files/abbrev.txt (1708 words)

	Estimated Value of Replacement Pullets and Table Egg Layers (White Leghorns) - 2002
		The value of table egg layer flocks of different ages is usually calculated by taking the maximum investment in the ready-to-lay pullet and depreciating the value in a straight line manner until they are sold as fowl.
		Values from peak value to that at sale as fowl will differ due to the age of sale and whether or not the flock is to be recycled (once or twice).
		Flock values may be depreciated on a “per week” basis with a fixed decrease in value for the entire flock per week or by allocating a fixed cost “per expected dozen” over weekly or monthly total production (in dozens).
	animalscience.ucdavis.edu /avian/Hen_value_Sept_2002.htm (844 words)

	Pinal County Assessor's Office - [Field Appraisers: Approach - Cost]
		Replacement cost is defined as: the cost and overhead that would be incurred in constructing an improvement having the same utility as the original, without necessarily reproducing exactly the same characteristics of the property, but using today's materials, labor, and building techniques.
		The Replacement cost rather than Reproduction cost is used as the basis for the cost approach in most appraisal situations where cost is considered an appropriate measurement of value.
		Replacement Cost New is generally applicable to most classes of property and leads to a greater degree of uniformity and equity in assessed values.
	www.co.pinal.az.us /Assessor/Appraisal/costapproach.asp (1447 words)

	Untitled Document
		Replacement level is a less concrete mathematical concept, but it is an important economic one.
		Replacement level is the expected level of performance the average team can obtain if it needs to replace a starting player at minimal cost.
		We define a replacement level player as one who hits as far below the league positional average as the league backups do relative to league average, who plays average defense for the position, and is a breakeven base-stealer and baserunner.
	www.stathead.com /bbeng/woolner/vorpdescnew.htm (1587 words)

	EIS: income tax relief: value received: replacement value
		Where the value comes from a person connected with the company it should be returned to that person, and where it is received by a person associated with the individual it should be returned by that person.
		A payment made before the value was received may be taken into account as replacement value, provided it was not made earlier than one year before the issue of the shares.
		If the value is replaced by way of a subscription for shares, no claim to relief (or, if the replacement value is given by a company connected with the individual, investment relief under the CVS) can be made in respect of that subscription.
	www.hmrc.gov.uk /manuals/vcmmanual/vcm26340.htm (315 words)

	A Rash Decision (Site not responding. Last check: 2007-10-21)
		By using the term "replacement value", we do not suggest that a creditor is entitled to recover what it would cost the debtor to purchase the collateral brand new.
		Our recognition that the replacement value standard, not the foreclosure standard, governs in cram down cases leaves to bankruptcy courts, as triers of fact, identification of the best way of ascertaining replacement value on the basis of the evidence presented.
		Whether replacement value is the equivalent of retail value, wholesale value, or some other value will depend on the type of debtor and the nature of the property.
	www.id.uscourts.gov /rash.htm (441 words)

	[No title]
		In this case, in determining the replacement value of the Debtors' automobile, the bankruptcy court started with the average of the wholesale and retail values according to the National Automobile Dealers Association guidelines.
		In the present case, the bankruptcy court determined that the best method for calculating the replacement value of an automobile was to use the average of the N.A.D.A. wholesale and retail values as a starting point, subject to appropriate adjustments according to other evidence of value introduced by the parties.
		Further, the bankruptcy court's approach of using the average of retail and wholesale values merely as the starting point subject to adjustment by other evidence introduced by the parties is not precluded by Rash's rejection of the Seventh Circuit's approach of mechanically assigning the midpoint between the collateral's foreclosure and replacement values.
	www.michbar.org /opinions/us_appeals/2000/011800/6036.html (1276 words)

	Questions & Answers 1/99
		If the agreed value limit selected was based upon the total replacement cost limit, the insured would have every reason to believe that a partial loss should be settled at replacement cost coverage.
		If the insured and insurer have determined a limit for the agreed value coverage that is based upon the replacement cost of the building or structure and a partial loss occurs, without the replacement cost option selected and shown in the declarations, only the actual cash value would be available.
		More important, in those cases where the replacement cost limit is used as the agreed value limit, replacement cost coverage may be necessary to avoid any confusion and possible claims handling problems.
	www.roughnotes.com /rnmagazine/1999/january99/01p6.htm (1063 words)

	EIS: deferral relief: shares issued on or after 6 April 1998: replacement value: receipt of
		A receipt of value (the original value) during the period of restriction relating to an issue of shares, see VCM40050, is disregarded and, consequently, will not cause the shares to be treated as never having been eligible shares or as ceasing to be eligible shares where all the following conditions are satisfied:
		The replacement value does not have to be received after the receipt of the original value.
		But, the receipt of replacement value is disregarded to the extent to which it has been used on a previous occasion to disregard an amount of value received by the investor in relation to any shares subscribed for by him.
	www.hmrc.gov.uk /manuals/vcmmanual/VCM40500.htm (472 words)

	III - How is the settlement amount determined?
		Replacement cost provides you with the dollar amount needed to replace a damaged item with one of similar kind and quality without deducting for depreciation—the decrease in value due to age, obsolescence, wear and tear and other factors.
		When the value of your insurance policy has kept up with increases in local building costs, a similar dwelling can generally be rebuilt for an amount that is within the policy limits.
		If you own a mobile home, you may have a policy based on replacement cost, actual cash value or, in a few cases, a "stated amount." With a stated amount policy, the maximum amount you receive if your home is destroyed is the amount you agreed to when the policy was issued.
	www.iii.org /individuals/homei/help/amount (536 words)

	Actual Cash Value vs. Replacement Cost Explained
		Payment based on the replacement cost of damaged or stolen property is usually the most favorable figure from your point of view, because it compensates you for the actual cost of replacing property.
		In the case of the stolen camera, the insurance company would deduct from its replacement cost an amount for all the wear and tear it endured prior to the time it was stolen.
		Simply stated, it means the cost to replace the property on the same premises with other property of comparable material and quality used for the same purpose.
	www.eqgroup.com /ACV_explained.htm (580 words)

	CCH Business Owner's Toolkit \| Guaranteed Replacement Value
		With guaranteed replacement value, the insured is able to replace each item of covered property, at the current replacement cost, under the policy.
		If the policy does not provide for guaranteed replacement value, the insured will recover only the depreciated value of the property, which, many times, will be only a fraction of the replacement cost.
		Generally, guaranteed replacement cost will be available, by way of an endorsement, provided the insured purchases coverage for the building at the building's current value, as of the date of the policy.
	www.toolkit.cch.com /Text/P12_9766.asp (391 words)

	The Bull Pen - Replacement Value
		Replacement value basically means how much better is the player on your team than the replacement value (value of best player not on a team at the position you need) of your league.
		The replacement value is the amount of stats you can get for free, best represented by the average of the highest undrafted players in the "replacement pool".
		Replacement Value is used to place Rotis values on player stats to enable you to determine what a player is worth.
	www.rotojunkie.com /forums/showthread.php?t=15177 (2977 words)

	Article 1
		In a 1981 U.S. Tax Court case in Arlington, Virginia, it was determined that the loss of a single century-old fl oak on a property valued at $164,500 reduced the property value by $15,000 or approximately 9% of the total property value.
		These replacement values can be established by quotations of prices of comparable plant material by local nurserymen and landscape companies.
		Figure 2 shows that the replacement value of a tree can be determined by a simple formula.
	aggie-horticulture.tamu.edu /syllabi/432/article1.html (456 words)

	Colin Ritchie & Company Art and Antiques Appraisals
		In establishing Estate Value and for Inheritance purposes it is essential that owners of valuable and rare objects understand why this difference exists and why it is important.
		Replacement Value is an estimate of the retail market price.
		Replacement Value is the amount you should insure it for.
	www.colinritchie.com /htfiles/thebiz.html (229 words)

	SAS Component Language Dictionary : REPLACE
		is the variable whose value the replacement value is substituted for.
		REPLACE substitutes a replacement string for a reference to an SCL variable in the SUBMIT block only if the variable is not blank.
		When you refer to another variable in the replacement string, the program uses the current value of the variable, not the value that is based on its replacement string.
	www.sph.emory.edu /computing/unix/sas/sas8OnlineDoc/sclr/z0320225.htm (324 words)

	Untitled Document
		VORP (Value Over Replacement Level) is a sabermetric analysis developed by Keith Woolner that seeks to measure the contribution, in runs, of a player beyond what a backup (or replacement-level) player would produce for an average team given the same amount of playing time.
		Based on research I conducted and published in Baseball Prospectus 2002, replacement level is set at 80% of the positional average rate of offense for most positions (85% is used for catchers, 75% is used for 1B/DH).
		In setting the positional average and replacement level averages for each player, every game and position that the player appeared in is weighed into the equation.
	www.stathead.com /articles/woolner/vorp.htm (859 words)

	Yearling horse growth and development: Acceptability and replacement value of field peas for oats
		Yearling growing horses averaging 745 pounds were used to evaluate the acceptability and replacement value of field peas for oats in an 84d feeding study.
		Field peas replaced 0, 33 and 67% of the oats in complete pelleted supplements that were divided into two meals and fed twice daily.
		With the exception of forearm circumference that was larger when oats were replaced by 33%P, body growth and physical measurements were linear from trial initiation to the end of the study and did not differ.
	www.ag.ndsu.nodak.edu /dickinso/research/2003/equine03a.htm (1307 words)

	Property and debts
		Fair market value is the price at which a willing buyer will buy an item and a willing seller will sell an item.
		Replacement value is the cost of replacing the property with similar property.
		If you overestimate the fair market value of household appliances and furnishings, you also overestimate both the value of the property to be divided and the share of the property of the person receiving the appliances and furnishings.
	www.uvm.edu /~uvmext/publications/financialdecisions/property.htm (1881 words)

	Method and apparatus for translating addresses using mask and replacement value registers and for accessing a service ...
		The first subaddress is masked with a programmable mask value in the translation mask register and is compared by the comparator with successive values in the comparison value register until a match comparison value is found.
		If a match comparison value is found, a programmable replacement value in the replacement value register corresponding to the match comparison value is concatenated with the second subaddress to provide the second address.
		If a match comparison value is not found, a fault interrupt is generated to interrupt the translation and the processor accesses a service routine in accordance with the fault interrupt.
	www.delphion.com /details?pn=US05649142__ (741 words)

	The OneBeacon Spotlight (Site not responding. Last check: 2007-10-21)
		· Guaranteed Replacement Cost: the full cost to repair or replace damaged property with construction of like kind and quality without deducting for depreciation (the decrease in value due to age, physical deterioration, obsolescence) and regardless of the policy limit (in many states coverage is capped at 1.25 times the policy's dwelling coverage limit).
		Market value is often mistaken for insurable value, which often leads to the dwelling being underinsured.
		Because our homeowners policy includes replacement cost and optional guaranteed replacement cost features, OneBeacon underwriting guidelines require that property be insured to 100 percent of its determined replacement value.
	www.onebeacon.com /spotlight/march/living/insurance101.html (340 words)

	Home, Renters and Condo questions and answers (Site not responding. Last check: 2007-10-21)
		The market value is what your house, for example would actually sell for and is generally more than replacement cost.
		If you prefer replacement coverage and do not already have it, this coverage can generally be added to your policy.
		Typically, the difference in premiums is 10 to 15 percent to upgrade from actual cash value to replacement cost coverage.
	members.aol.com /tbrya/private/homeqa.htm (481 words)

	REPLACEMENT COST (Site not responding. Last check: 2007-10-21)
		With a replacement cost coverage endorsement on your homeowners policy you will be paid the cost to replace the lost items for like merchandise at todays price.
		A replacement cost endorsement would allow you the $1000 or $1200 to replace it with a like chair.
		Your agent can assist you in completing a replacement cost estimator to help determine what the replacement cost of your home and personal property would be.
	www.meafs.com /Page.cfm?p=673 (271 words)

	Are You 100% Covered?
		Sounds reasonable enough, but the replacement value is capped at a dollar amount set in your policy.
		Keep in mind that replacement value is not the same as market value because you don't insure the value of your land.
		If they had failed to report the remodeling work to their insurer, they'd be covered for only 75% of the real, $261,000 replacement value.
	www.kiplinger.com /magazine/archives/2004/11/replace.html (677 words)

	MITRAL VALVE REPLACEMENT (text)
		Mitral valve repair is an open heart procedure performed by cardiothoracic surgeons to treat stenosis (narrowing) or regurgitation (leakage) of the mitral valve.
		In many cases, however, the valve is too damaged to permit repair and the valve must be replaced with a prosthetic (artificial) valve.
		The general consensus is that a tissue valve will not need to be replaced if used in a patient over the age of 70 years.
	www.sts.org /doc/4101 (994 words)

	GeoQuest Merak Knowledge Resource Tips And Tricks
		Use Replacement Values to quickly add text-, numeric-, date- or prompt-based values to a criterion when creating queries.
		You can create replacement values and store them in the Project pane, then use them in any type of query, and for any data source.
		Replacement values are useful for storing long or complex query values, and also save time since the same value may be used for different types of queries, and on different data sources.
	www.merak.com /kr/detail.cfm?DID=209 (394 words)

	Compaq COBOL
		The search argument of the REPLACING phrase names a character string and a condition under which the character string should be compared to the delimited string being inspected.
		The replacement argument consists of the search argument (with its condition and character-string), the replacement value, and an optional BEFORE/AFTER phrase, as shown in Figure 5-5.
		Several replacement arguments form an argument list, and the manner in which the list is processed affects the action of any given replacement argument.
	www.uni.edu /coboldoc/cobum_016.htm (3280 words)

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