An Analysis of a Guidance for Replacement of Machines

Authors

  • S. Srinivasan Bhojraj Group of Companies, Lagos

DOI:

https://doi.org/10.33516/maj.v57i6.99-104p

Keywords:

No Keywords.

Abstract

An O.R. Tool suggests the period after which a machine has to be replaced to get a minimum “Annual Average Cost†(AAC). The AAC consists of investment and relevant running costs that change during the life of the machine. A simple version of the model is analysed in detail.

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Published

2022-06-30

How to Cite

Srinivasan, S. (2022). An Analysis of a Guidance for Replacement of Machines. The Management Accountant Journal, 57(6), 99–104. https://doi.org/10.33516/maj.v57i6.99-104p

Issue

Section

Cost Accounting

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