Business Studies, asked by devenderhybon, 1 month ago

what is concerned with the prediction of replacement cost and determination of the most economic replacement policy

Answers

Answered by JSP2008
1

Answer:

Prediction Of Replacement

Explanation:

The theory of replacement is concerned with the prediction of replacement costs and the determination of the most economic replacement policy. The Replacement Theory in Operations Research is used in the decision-making process of replacing used equipment with a substitute; mostly new equipment of better usage.

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