Equipment Replacement

Paper Summary:

This paper serves as a persuasive paper, aimed at convincing manufacturers to update old equipment. The writer looks at reasons why it is preferable to replace equipment rather than repairing the old machinery. In this discussion, the writer considers the influence and advantages of using modern technology and therefore replacing the existing equipment.

From the Paper:

"Performance of machinery declines over time. Routine maintenance can help keep equipment running but there comes a point when repairs and maintenance become too costly and it becomes less expensive to buy a replacement than to repair a piece of equipment. There are other times when improvements in technology mean that new equipment is so much more efficient than existing equipment that it makes business sense to buy the new equipment. The decision to replace existing equipment is not made in a vacuum in which the only ... "

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