Multiple options in parallel replacement analysis: Buy, lease or rebuild

Engineering Economist

Volumn 42, Issue 3, 1997, Pages 223-247

  Hartman, Joseph C ^a   Lohmann, Jack R ^b  

^a LEHIGH UNIVERSITY   (United States)

^b GEORGIA INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

FINITE HORIZONS; INTEGER PROGRAMMING MODELS; PARALLEL REPLACEMENT ANALYSIS; TRANSPORTATION INDUSTRY;

ENGINEERING; INDUSTRIAL ECONOMICS; COMPUTER PROGRAMMING; CONSTRAINT THEORY; COST ACCOUNTING; MAINTENANCE; MATHEMATICAL MODELS; PURCHASING;

INTEGER PROGRAMMING; INDUSTRIAL ECONOMICS;

LEASES;

EID: 0031083917     PISSN: 0013791X     EISSN: 15472701     Source Type: Journal    
DOI: 10.1080/00137919708903180     Document Type: Article

References (11)

1. Hartman, J.C., “Modeling Economies of Scale in Parallel Replacement Analysis,” Proceedings of the 6th Industrial Engineering Research Conference, 789-794, 1997.
2. Hartman, J.C., Lloyd W. Clarke and J.R. Lohmann, “Solving Large Parallel Replacement Problems with Minimum Cost Flow Models,” IMSE Department Technical Report T-0I6, Lehigh University, 1996, 17 pages.
3. Hartman, J.C. and J.R. Lohmann, “An Efficient Model for Large Scale Parallel Replacement Problems,” Proceedings of the 5th Industrial Engineering Research Conference, 775-780, 1996.
4. Jones, P.C. and J.L. Zydiak, “The Fleet Design Problem,” The Engineering Economist, 382, 83-98, 1993.
5. Jones, P.C. and J.L. Zydiak and W.J. Hopp, “Parallel Machine Replaceme Tit,"Naval Research Logistics, 38, 351-365, 1991
6. Karabakal, N. and J.R. Lohmann and J.C. Bean, “Parallel Replacement Under Capital Rationing Constraints,” Management Science, 40, 305-319, 1994.
7. Tang, J. and K. Tang, “A Note on Parallel Machine Replacement,"Naval Research Logistics, 38, 569-573, 1993.
8. Terborg, G., Dynamic Equipment Policy: A MAPI Study, McGraw-Hill Book Co., New York, 1949.
9. Thuesen, G.J. and W.J. Fabrycky, Engineering Economy, Prentice-Hall, Englewood Cliffs, NJ, 1989.
10. Vander Veen, D.J., “Parallel Replacement Under Nonstationary Deterministic Demand.” Ph.D. Dissertation, Department of Industrial and Operations Engineering, University of Michigan, Ann Arbor, MI, 1985.
11. Vander Veen, D.J. and W.C. Jordan. “Analyzing the Trade-offs Between Machine Investment and Utilization.” Management Science, 35:10, 1215-1226, 1989