A mixed optimization technique for the generalized machine replacement problem

DOI10.1002/NAV.3800190307MaRDI QIDQ5671762zbMATH OpenOpenAlexFDO

Authors Thomas E. Morton, Suresh P. Sethi

Publication date 1972

Published in Naval Research Logistics Quarterly (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1002/nav.3800190307

Mathematics Subject Classification ID

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

Cited in

(5)

• Economic interpretation of models for the replacement of machines
• Maintenance optimal control three-machine replacement model under technological breakthrough expectations
• Integrating equipment investment strategy with maintenance operations under uncertain failures
• Infinite horizon optimality criteria for equipment replacement under technological change
• An Extended Asset Replacement Model: Impacts of Taxation, Inflation and Technological Advancement on Optimal Asset Duration

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