APSC 221 Midterm 2 Question and answers already passed 2024/2025
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Course
APSC 221
Institution
APSC 221
APSC 221 Midterm 2 Question and answers already passed 2024/2025 APSC 221 Midterm 2 - Replacement Decisions
The Four Mutually Exclusive Choices of Evaluation - correct answer 1. An existing asset may be kept in its current use without major change
2. An existing asset may be overhauled to im...
APSC 221 Midterm 2 - Replacement
Decisions
The Four Mutually Exclusive Choices of Evaluation - correct answer ✔1. An
existing asset may be kept in its current use without major change
2. An existing asset may be overhauled to improve performance.
3. An existing asset may be removed without replacement.
4. An existing asset may be replaced with another asset.
The Defender - correct answer ✔The existing physical asset.
The Challenger - correct answer ✔The potential replacement of the existing
physical asset.
Why Does Replacement Exist? - correct answer ✔Any asset that provides a
service with an ongoing need will eventually need replacement.
Retirement - correct answer ✔When an existing asset is removed from
production without being replaced.
Why a Service May Become Obtainable Through Cheaper Means - correct
answer ✔An existing asset will be replaced if there's a cheaper way to get the
service it provides.
An existing asset will be replaced if the service it provides is inadequate in
either quality or quantity.
Capacity - correct answer ✔The ability to produce, measured in units of
production per time period.
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