Updated and tested (as of this post date) version of /etc/yum.repos.d/CentOS-Base.repo for Centos 5.11 (final):

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# CentOS-Base.repo
#
# The mirror system uses the connecting IP address of the client and the
# update status of each mirror to pick mirrors that are updated to and
# geographically close to the client.  You should use this for CentOS updates
# unless you are manually picking other mirrors.
#
# If the mirrorlist= does not work for you, as a fall back you can try the 
# remarked out baseurl= line instead.
#
#

[base]
name=CentOS-$releasever - Base
#mirrorlist=http://mirrorlist.centos.org/?release=$releasever&arch=$basearch&repo=os
#baseurl=http://mirror.centos.org/centos/$releasever/os/$basearch/
baseurl=http://vault.centos.org/5.11/os/$basearch
gpgcheck=1
gpgkey=file:///etc/pki/rpm-gpg/RPM-GPG-KEY-CentOS-5

#released updates 
[updates]
name=CentOS-$releasever - Updates
#mirrorlist=http://mirrorlist.centos.org/?release=$releasever&arch=$basearch&repo=updates
#baseurl=http://mirror.centos.org/centos/$releasever/updates/$basearch/
baseurl=http://vault.centos.org/5.11/updates/$basearch/
gpgcheck=1
gpgkey=file:///etc/pki/rpm-gpg/RPM-GPG-KEY-CentOS-5

#additional packages that may be useful
[extras]
name=CentOS-$releasever - Extras
#mirrorlist=http://mirrorlist.centos.org/?release=$releasever&arch=$basearch&repo=extras
#baseurl=http://mirror.centos.org/centos/$releasever/extras/$basearch/
baseurl=http://vault.centos.org/5.11/extras/$basearch/
gpgcheck=1
gpgkey=file:///etc/pki/rpm-gpg/RPM-GPG-KEY-CentOS-5

#additional packages that extend functionality of existing packages
[centosplus]
name=CentOS-$releasever - Plus
#mirrorlist=http://mirrorlist.centos.org/?release=$releasever&arch=$basearch&repo=centosplus
#baseurl=http://mirror.centos.org/centos/$releasever/centosplus/$basearch/
baseurl=http://vault.centos.org/5.11/centosplus/$basearch/
gpgcheck=1
enabled=0
gpgkey=file:///etc/pki/rpm-gpg/RPM-GPG-KEY-CentOS-5

#contrib - packages by Centos Users
[contrib]
name=CentOS-$releasever - Contrib
#mirrorlist=http://mirrorlist.centos.org/?release=$releasever&arch=$basearch&repo=contrib
#baseurl=http://mirror.centos.org/centos/$releasever/contrib/$basearch/
baseurl=http://vault.centos.org/5.11/contrib/$basearch/
gpgcheck=1
enabled=0
gpgkey=file:///etc/pki/rpm-gpg/RPM-GPG-KEY-CentOS-5
Continue reading Updated and tested (as of this post date) version of /etc/yum.repos.d/CentOS-Base.repo for Centos 5.11 (final):
, ,

Create a (local) repository and use yum to have it resolve the dependencies for you

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Summarized and further minimized (not ideal, but quickest):
  1. Create a directory for you local repository, e.g. /home/user/repo.
  2. Move the RPMs into that directory.
  3. Fix some ownership and filesystem permissions:
    # chown -R root.root /home/user/repo
  4. Install the createrepo package if not installed yet, and run
    # createrepo /home/user/repo
# chmod -R o-w+r /home/user/repo
  5. Create a repository configuration file, e.g. /etc/yum.repos.d/myrepo.repo containing
    [local]
name=My Awesome Repo
baseurl=file:///home/user/repo
enabled=1
gpgcheck=0
  6. Install your package using
    # yum install packagename
Continue reading Create a (local) repository and use yum to have it resolve the dependencies for you