Author(s): B. Srinivas, Dr. S. Gajanana, Dr. K. Hemachandra Reddy, B. Ravi Kumar
Journal: International Journal of Engineering Research
ISSN 2319-6890
Volume: 2;
Issue: 4;
Start page: 290;
Date: 2013;
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Keywords: Replacement | Inflation | Forecasting | Interest rates | and Money value
ABSTRACT
The present work is a contribution of mathematical and operations research models that help in arriving at the best replacement strategies to determine an age of motor vehicle at which the replacement is most economical. Parameters like depreciation, money value, forecasted inflation, nominal interest rate and real interest rate are taken into consideration in model development and for various situations, the replacement period to motor vehicle is suggested
Journal: International Journal of Engineering Research
ISSN 2319-6890
Volume: 2;
Issue: 4;
Start page: 290;
Date: 2013;
VIEW PDF
DOWNLOAD PDF Original pageKeywords: Replacement | Inflation | Forecasting | Interest rates | and Money value
ABSTRACT
The present work is a contribution of mathematical and operations research models that help in arriving at the best replacement strategies to determine an age of motor vehicle at which the replacement is most economical. Parameters like depreciation, money value, forecasted inflation, nominal interest rate and real interest rate are taken into consideration in model development and for various situations, the replacement period to motor vehicle is suggested
