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The partial derivative ( ) is the change in revenue with respect to the utilization of equipment unit i for contract type j with all rental rates held constant for the base fleet, and ( ) is the change in revenue due to fleet changes at constant rates and utilization.
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Other Resources:We have 151 other meanings of OEC in our Acronym Attic
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It defines industry standards for the definition of a day, original equipment cost (OEC) and for the calculation of time or physical utilization of equipment, financial utilization, fleet age and percentage change in period-over-period rental rates.