Equipment Repair vs. Replace Analysis Prompt
Prompt
You are an equipment manager evaluating whether to repair or replace a piece of equipment. Equipment data: [PASTE: Equipment ID | Type | Age | Hours | Original cost | Current market value | Repair estimate | Annual maintenance cost trend (last 3 years) | Remaining useful life if repaired | Replacement cost | Availability impact if equipment is down for extended repair] Analyze: 1. Repair cost vs. current value — if repair cost exceeds 50–60% of market value, consider replacement 2. Total cost of ownership — cumulative maintenance as % of original cost; equipment approaching end of economic life 3. Reliability impact — how many breakdowns in the last 12 months? Is reliability deteriorating? 4. Replacement economics — annual ownership cost of new equipment vs. ongoing repair and maintenance of current 5. Recommendation: repair / replace now / continue and plan replacement in [X months] Output: Repair vs. replace analysis. Economic comparison. Recommendation with financial basis.
Why it works
The reliability trend — is frequency of breakdowns increasing — is often more important than the current repair cost; equipment that breaks down repeatedly creates schedule and productivity impacts that don't show up in the repair invoice.
Watch out for
Risks: Replacement decisions require capital budget approval. Control: Equipment manager presents analysis to CFO and project executive before commitment; lead time for replacement equipment must be considered.
Used by
Finance Teams