Replacement-chain problem(redirected from Replacement Chain Problem)
Idea that future replacement decisions must be taken into account in selecting among projects.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
When deciding among several projects that a company could pursue, the consideration of the costs associated with replacing the individual assets that one project, but not any of the others projects, requires.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved