Depending on the circumstances, the controlling factor that ultimately drives your decision can vary widely. The myriad ways in which we use machines to satisfy our desires, along with the constraints and benefits presented by a particular situation, are difficult to express in an equation.īoth repair and replacement have a long list of pros and cons associated with them. The need a machine fulfills is the driving force behind the decision-making process. As I reviewed my own history of grappling with “repair or replace,” especially in the context of my role as a CTO, I found it wrapped up in all the glorious complexity of the problems faced by the entrepreneur. ![]() However, my thinking on the topic quickly evolved. ![]() When I first sat down to write about the “repair or replace” dilemma, in the back of my mind there was a vague notion that a simple, calculation-based method would be the ultimate solution. I had heard of the 50% Rule and thought that it (or something like it) would be the obvious centerpiece of the decision-making process.
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