For a machine, the following data are available Determine the optimum period for replacement of the above machine (CA, November, 1987) Year Cost of spares (Rs) Salary of maintenance staff (Rs) 1 2 3 4 5 6 200 400 700 1,000 1,400 1,600 1,200 1,200 1,400 1,600 2,000 2,600 Losses due to breakdown (Rs)...

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For a machine, the following data are available: Determine the optimum period for replacement of the above

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For a machine, the following data are available:

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Determine the optimum period for replacement of the above machine. (CA, November, 1987)

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Quantitative Techniques In Management

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For a machine, the following data are available: Determine the optimum period for replacement of the above

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Year Cost of spares (Rs) Salary of maintenance staff (Rs) 1 2 3 4 5 6 200 400 700 1,000 1,400 1,600 1,200 1,200 1,400 1,600 2,000 2,600 Losses due to breakdown (Rs) 600 800 700 1,000 1,200 1,600 Resale value (Rs) 12,000 6,000 3,000 1,500 800 400 400

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Quantitative Techniques In Management

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