Replacement Value in Plant Design and Economics Formulas

Replacement Value refers to the cost of acquiring or restoring an asset with an equivalent or similar utility to replace an existing one. And is denoted by C_R.

Formulas to find Replacement Value in Plant Design and Economics

fxReplacement Value by Sinking Fund MethodGo

List of variables in Plant Design and Economics formulas

fx Original Value of Assets at Start of Service Go

fx Asset Value Go

fx Annual Interest Rate Go

fx Number of Years in Actual Use Go

fx Service Life Go

FAQ

What is the Replacement Value?

Replacement Value refers to the cost of acquiring or restoring an asset with an equivalent or similar utility to replace an existing one.

Can the Replacement Value be negative?

{YesorNo}, the Replacement Value, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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