代置 is read as だいち (daichi) and means replace.
だいち
daichi
だいひょう
leader
だいぎ
representing others in a conference
だいひょうさく
most important work (of a writer, artist, etc.)
だいだ
pinch-hitting
だいやく
substitute (actor)
だいかん
deputy official (Middle Ages)
だいひょうだいこう
acting leader (usu. of a party)
だいひょうぶ
diplomatic mission
いち
place
はいち
arrangement (of resources)
しょち
medical treatment
ほうち
leaving as is