Question

investment to replace obsolete equipment is generally done for
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Answer 1

Answer:

Equipment are generally considered for replacement for the following reasons:

(i) Deterioration: ...

(ii) Obsolescence: ...

(iii) Inadequacy: ...

(iv) Working Conditions: ...

(v) Economy: ...

(i) Technical Factors: ...

(ii) Financial/Cost Factors: ...

(iii) Tangible Factors

Answer 2

• When a technology or an equipment  is in a good condition but we replace them with a new or a better technology because they become obsolete.  
• Investment is done to replace the obsolete equipment to ensure productivity and efficiency from the new equipment.
• The new equipment is easy to use and much more effective as compared to the obsolete equipment.  
• These help to increase productivity and save time and energy  as they are much more compatible according to recent times.