Making Equipment Replacerment Decisions

By: PAUL D TOMLINGSON Views: 776Downloads: 63
Author: Paul D. TomlingsonWhitepaper/Case Study

The decision to replace production equipment as it nears the end of its life-cycle is both an economic and a performance decision. Economics are involved in the identification and procurement of the best equipment for the capital outlay constraints involved. Performance considerations are important in selecting the best equipment for the job.