Author: Greg Miller/Thursday, September 8, 2016/Categories: Featured, Resources
There are many different techniques that can be used to calculate replacement cycles for fleet
vehicles, with advantages and disadvantages associated with each. There also can be noneconomic
factors involved that may influence or even dictate replacement cycles. Examples
include meeting air quality standards to reduce tailpipe emissions or disposing school buses
before they reach the retirement age mandated by school boards, changes in work
requirements or company objectives.
Establishing replacement cycles for fleet vehicles is both an art and science. It involves judgment, prediction, forecasts, and assumptions on one hand, and analysis of available data on the other. When financial resources are limited, the effort will focus more on prioritizing which one of many vehicle candidates should be replaced. Learn how modern fleet managers tackle the task.
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