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Sensitivity of M&R Estimates to Alternative Assumptions

SANTA BARBARA, CA—February 7, 2003—A reminder that forecasts of maintenance and repair (M&R) requirements using either Whitestone MARS or other Whitestone products are sensitive to key assumptions regarding labor and material costs, various markup rates, and geographic location. As a rule, our tools are pre-calibrated to contain the best available data, but it is always advisable to use information from actual operations.

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Whitestone Research, with headquarters in Santa Barbara, California, specializes in applied economic research and software development. Whitestone products and services are used every year by hundreds of major corporations, government agencies, and public and private institutions.

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