Equipment replacement under technological change

DOI10.1002/1520-6750(199402)41:1%3C117::AID-NAV3220410108%3E3.0.CO;2-UMaRDI QIDQ4279276zbMATH OpenOpenAlexFDO

Authors 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%3C117::aid-nav3220410108%3E3.0.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)

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Cited in

(16)

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

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