Follow the wire or check the wiring diagram to figure out which Output on the PLC the beacon is wired to.
The use the Cross Reference or Search feature in the PLC software to find the rung that contains the Output. You can troubleshoot from there what conditions are no longer making the beacon run.
If the output associated with the beacon is turning on, but the beacon is not lighting up, check fuses and wiring and the bulb.
If the beacon was also associated with a horn, and it went off frequently, it is very common for these to be intentionally disconnected by people who want a little peace and quiet in the workplace.