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March / June 2021 question 2b

JJeni4y ago
Dear sir , The question asking was why replacement interval decision should be based upon EAC . The answer wrote by the examining team was quite confusing can you please explain me how to write ans for that question . Thanks in advance
John MoffatJohn MoffatTutor4y ago#1
Have you watched my free lectures on replacement, because I do explain the logic behind calculating and using the equivalent annual cost.
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