Use VLOOKUP when lookup values are located in the first column of a table with information organized vertically. Use HLOOKUP when lookup values are located in the first row of a table, and each record appears in a new column. Range_lookup controls whether value needs to match exactly or not.
senescence - the organic process of growing older and showing the effects of increasing age. ageing, aging. catabiosis - normal aging of cells. biological process, organic process - a process occurring in living organisms.
Definition: Obsolescence is a notable reduction in the utility of an inventory item or fixed asset.The determination of obsolescence typically results in a write-down of the inventory item or asset to reflect its reduced value.bsolescence differs from the ongoing decline in the value of assets that is caused by normal usage, resulting in wear and tear.