Replacement-chain problem

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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.

Replacement-Chain Problem

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