METHODS OF ESTIMATING A MOST OPTIMAL REPLACEMENT CYCLE SIMPLISTIC REPLACEMENT PLAN The simplest replacement program and the one requiring the least amount of analysis is to replace a vehicle after a specific amount of time. It is not rocket science to count up how long the truck has been in service and determine ahead of time what time you simply […]
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A Critical Assessment of Replacement Policy and its Relevance in Haulage Business (Part One)
In haulage business, Replacement Policy is one of the most critical aspects of fleet management which should be of considerable interest to business owners. Nearly every other cost, both fixed and variable, hinges upon when vehicles are replaced. Maintenance and repair expense, fuel efficiency, and of course, depreciation are all sensitive to replacement policy. REPLACEMENT POLICY DEFINED: ITS RELEVANCE […]
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