Equipment replacement under technological change

DOI<link itemprop=identifier href="https://doi.org/10.1002/1520-6750(199402)41:1<117::AID-NAV3220410108>3.0.CO;2-U" /><117::AID-NAV3220410108>3.0.CO;2-U 10.1002/1520-6750(199402)41:1<117::AID-NAV3220410108>3.0.CO;2-UzbMath0785.90049OpenAlexW2019857351MaRDI QIDQ4279276

James C. Bean, Jack R. Lohmann, Robert L. Smith

Publication date: 13 April 1994

Full work available at URL: https://doi.org/10.1002/1520-6750(199402)41:1<117::aid-nav3220410108>3.0.co;2-u

zbMATH Keywords

vehicle replacementinfinite-horizon replacement economy

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Dynamic programming (90C39)

Related Items (12)

Multiple asset replacement analysis under variable utilization and stochastic demand ⋮ Unnamed Item ⋮ Asset management with reverse product flows and environmental considerations ⋮ Dual Ascent and Primal-Dual Algorithms for Infinite-Horizon Nonstationary Markov Decision Processes ⋮ Infinite horizon optimality criteria for equipment replacement under technological change ⋮ The dynamics of asset lifetime under technological change ⋮ Capacity planning with technology replacement by stochastic dynamic programming ⋮ Integral equation of optimal replacement: analysis and algorithms ⋮ Fleet replacement under technological shocks ⋮ Dual-based methods for solving infinite-horizon nonstationary deterministic dynamic programs ⋮ Anticipation echoes in vintage capital models ⋮ A paradox in equipment replacement under technological improvement

Cites Work

• Unnamed Item

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