Resistor replacement, can I change type or am I looking up wrong part?

I've got a fanuc lathe that it has been determined the board has at least one bad resistor as per the tech I am speaking with.   Since they want $3,000 to replace this board new or $1800 for a used one I've done some testing, and have found 2 I'm confident are not within spec.   My neighbor built boards for the health industry for years and is comfortable switching out the bad resistor, but I have to get it. I'm hoping to fix this board for $20 and a case of beer.     So here is my problem and question.It is an older board built in 1987-89 range.  It has 5 band resistors and all are with in 1 or 2%  tolerance.   They are light brown or white in color overall, so I believe they are carbon film capacitors.   I've calculated which one is bad and checked it against an identical resistor on the board.   I can't seem to find tan or white 5 band 1% or 2% carbon film capacitors online.    Everything in that tolerance is a blue metal film capacitor, (which this board does also have a few of).    Can I switch to a metal film capacitor?   Where can I locate the appropriate carbon film one, or is it even still available?  Do they even make 5 band carbon ones anymore?     Color code is brown, black, black, brown, brown.   The bad resistor has a white body, not a tan/brown one which is what  most of the others are on the board.   Maybe I'm just looking up the wrong thing altogether.   
Thanks for your help!  Bob

One last comment, I can find lots of 5% tolerance online, but 1% seems to be impossible for this particular resistor unless I get a blue metal film resistor.   

Bob,

You sound a bit confused. A few times you mentioned capacitor instead of resistor but since you mention carbon film vs metal film and color bands they must be resistors (although there is an off chance of an inductor but not likely)

So, the color bands indicate 1.00k Ohm 1%. That is what you should get. In my experience, most 1% resistors are metal film so it's likely that the existing one is also metal film. and in most applications it doesn't matter much. The color of the body doesn't matter so much as the size. 

Take a close look at the resistor that you are trying to replace. If it is physically larger than the other resistors then it is likely to be a higher wattage.  The general rule of thumb that I use is to get the biggest (highest wattage) resistor that will easily fit in the space. My reasoning is that since the part has failed, it was more than likely over stressed and the most likely cause is from too much power dissipation. Putting in a smaller part is asking for it to fail soon. The good news on that is that resistors now generally have smaller sizes for the same power rating than they did in the 1980s so if you find a part with the same size it might have a higher wattage. So measure the part you have and get one of at least the same size.

The other caution is that there are some cases where measuring a resistor in the circuit can give you an incorrect reading but if the tech said it was a bad resistor then this is not as likely. Still, given what they want to charge for a replacement, there is certainly motivation for you to repair it.

I wish you luck in getting your lathe fixed.

Bob...if you could post a photo or two of the board (maybe some closeups of the affected components) it would help a lot.  Maybe put it in a new thread, once the initial post is done any photos seem to come out the size of a postage stamp.....

Sorry for causing confusion.  You are 100% correct, I am confusing my terminology.  I just posted a few minutes earlier on another question I was having about capacitors which was the root cause of this resistor going bad due to an overvoltage issue.    I solved the capacitor issue and now am moving onto this resistor problem.Thanks for letting me know that I can replace it with equivalent without much worry.  My concern was that I can see on the board both the carbon film (tan) and metal film (blue) styles, and this one I believe to be metal oxide (white).    Your response does lead me to another question.  How would I know how many watts the resistor is good for?   I see these sold online with different ratings 1/4 watt, 1/2 watt and such.  I had assumed I could not purchase a resistor that was to small thinking it could not meet the resistance requirement.  Your telling me they make larger and smaller units of the same resistance.     Also, just to double check, I'm getting a reading of .663 on the resistor I think is bad.  You confirmed I should get 1K.      Thanks!