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Learning Objectives
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Basics
Understand the fundamentals and terms for a replacement study.
Economic service life
Determine the economic service life of an asset that minimizes the total AW of costs.
Replacement study
Perform a replacement study between the defender and the best challenger.
Additional considerations
Understand how to address several aspects of a replacement study that may be experienced.
Study period
Perform a replacement study over a specified number of years.







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