Quadratic Trend Running CostReplacement Model with Linear Trend Salvage and Predicted Inflation
Journal Title: International journal of Emerging Trends in Science and Technology - Year 2015, Vol 2, Issue 6
Abstract
The paper Quadratic Trend Running Cost Replacement Model with Linear Trend Salvage and Predicted Inflation is an attempt made to develop right replacement strategy to determine an age of equipment at which the replacement is most economical. The annual maintenance or running cost of equipment is assumed to follow quadratic trend and salvage as linear trend. Using trend equations along with parameters like money value, predicted inflation economic replacement model has been developed
Authors and Affiliations
Srinivas Basamgari
Keywords
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