The asset value (AV) is calculated on the basis of range value.
Range value is the product of the values of “C”, “I” and “A”.
Range Value = C * I * A
In case all three parameters of (C,I,A) are not applicable for an asset and only one or two out of the 3 parameters are applicable then the range value is calculated as the product of the applicable parameters. Once the range value is calculated for an asset, the asset value (AV) is obtained as per the defined table which maps the range value with the AV depending on the number of applicable parameters.