This document discusses page replacement techniques used in computer memory management. It covers the need for page replacement due to limited physical memory frames. The basic page replacement process is described as finding the desired page, a free frame if available, or using a replacement algorithm to select a victim frame if necessary. Common replacement algorithms like FIFO, optimal, and LRU are introduced along with their advantages and drawbacks. Belady's anomaly is also mentioned, which is when page fault rate can paradoxically increase as the number of available frames increases under FIFO replacement.