What are the different types of replacement problem?

What are the different types of replacement problem?

Replacement study can be classified into two categories: (a) Replacement of assets that deteriorate with time (Replacement due to gradual failure, or wear and tear of the components of the machines). This can be further classified into the following types: (i) Determination of economic life of an asset.

How are replacement policies chosen for a problem?

There is a trade-off between the individual replacement policy and the group replacement policy. Hence, for a given problem, each of the replacement policies is evaluated and the most economical policy is selected for implementation. This is explained with two numerical problems.

When is it better to repair or replace your computer?

If you have a rather new machine and the repair cost is low due to a relatively simple repair, then repairing rather than replacing your computer would be the right choice. If you have a high spec computer and replacement cost is high, then obviously repairing may be the most cost-effective solution for you.

What happens to the ship of Theseus if it is replaced?

Plutarch thus questions whether the ship would remain the same if it were entirely replaced, piece by piece. Centuries later, the philosopher Thomas Hobbes introduced a further puzzle, wondering what would happen if the original planks were gathered up after they were replaced, and then used to build a second ship.

When to use the repair, replace, refund problem solver?

The repair, replace, refund problem solver helps you understand your consumer rights and the steps you can take to resolve a problem. You have the right to a repair, replacement or refund if your goods are faulty, unsafe, do not work or appear as they should.

What do you need to know about resolve a problem?

Resolve a problem. The repair, replace, refund problem solver helps you understand your consumer rights and the steps you can take to resolve a problem. You have the right to a repair, replacement or refund if your goods are faulty, unsafe, do not work or appear as they should.

What to do when there is a problem with a product?

Go back to the business and ask them to fix the problem. Fixing the problem might involve a repair, replacement, or refund. If it is a major problem you can choose. This is when the product: it is unsafe. See our repair, replace, refund page for further information.

How to ask questions about knee replacement surgery?

Questions 1 How well does this surgery work for someone my age and with any of the medical problems I may have? 2 Will I be able to walk without pain? How far? 3 Will I be able to do other activities, such as golf, swimming, tennis, or hiking? When can I do them?