Repair or Replace
The arithmetic that decides, written down before you are emotionally invested in a machine you have already half disassembled.
Module 7 of 74 lessonsWritten in full1 worksheet
The lessons
All 4, in the order they are read.
The worksheet
Repair-or-replace decision record
Use current written quotes and explicit life assumptions. Educational comparison only; it does not diagnose equipment or guarantee service life.
| Option | Total cost | Shorter-life assumption (years) | Longer-life assumption (years) | Cost/year range | Downtime and other costs | Source / date |
|---|---|---|---|---|---|---|
| Repair | — | — | — | Calculate for both positive life assumptions | — | — |
| Replace | — | — | — | Calculate for both positive life assumptions | — | — |
