In this article an interesting result has been reported to highlight the ph
ysical implication of finite nonzero electron inertial delay in acoustic os
cillations of an ion-beam plasma system. A simple fluid model has been used
to demonstrate the excitation of relaxation type resonant instability on t
he electron inertial delay time scale. Physical arguments have been include
d to understand and explain the driving mechanism of the instability and it
s utility to comprehend the ion-beam driven oscillations in plasma sheath e
xperiments. The physical nature and origin of the potential relaxation inst
ability has been correlated to the electron inertial delay effect in the io
n current carrying plasma system. (C) 2001 American Institute of Physics.