Replacement of objects WITH change in Money Value | Replacement Problems in Operation Research

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--------------------------------------------------------------------------------------------- In this video tutorial we will see a numerical example on replacement theory based on - Replacement of deteriorating objects with change in money value type. Here is the replacement theory problem which we will solve -
Q1) ABC machine manufacturer wants your expert opinion for the optimal replacement period of a machine used by them. The data relevant for decision making is as follows -
1. Capital cost for machine is Rs 10,000
2. Operating cost is Rs 500 in the first 4 years and then it increases by 300 each year.
3. interest rate for the firm is 10% P.A
Full Operational Research Playlist - • Assignment Problem (Ty...
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[@SimpleSnippets]

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[@nikinikhila1835]

Sir how do u calculate present value 10%pA

[@iamchandrasekharreddy2294]

Sir Suggest me a good text book for reference. Plz

[@SimpleSnippets]

I have literally never referred any book for this or majority of the subjects in my life 😅 Everything is available online. We just have to find it ;-)

[@hasmukhsuthar4270]

Y we calculated it till 12ve year

[@jayeshmarathe7678]

same question

[@lavanya167_]

Same question