The various states of this work product include:

• Deallocated - Assets that are no longer deployed to specific owners. These assets are free to be allocated to new owners.
• Disposed - Assets that have reached the end of their useful lifecycle and have been removed from service and inventory. Disposal can involve selling, scrapping or recycling.
• Reactivated - An asset that was previously retired, but has been brought back into active service.
• Retired - An asset that is to be removed from service. Such an asset will be in a storage location until it is either restored (recovered) for active use or disposed.