Question: For a machine, the following data are available: 1 2 3 4 5 6 200 400 700 1000 1400 1600 Cost of Spare (F)

For a machine, the following data are available: 1 2 3 4

For a machine, the following data are available: 1 2 3 4 5 6 200 400 700 1000 1400 1600 Cost of Spare (F) Salary of Maintenance Staff (F) Loss due to Breakdown (F) Resale Value (*) 0 1200 1200 1400 1600 2000 2600 600 800 700 1000 1200 1600 12000 6000 3000 1500 800 400 400 Determine the optimum period for replacement of the above machine.

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