Equipment replacement under technological change
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Publication:4279276
DOI<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
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
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