Finite-horizon equipment replacement analysis

IIE Transactions (Institute of Industrial Engineers)

Volumn 38, Issue 5, 2006, Pages 409-419

  Hartman, Joseph C ^a   Murphy, Alison ^a  

^a Lehigh University   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COSTS; DYNAMIC PROGRAMMING; INDUSTRIAL ECONOMICS; OPTIMIZATION; SERVICE LIFE;

FINITE-HORIZON EQUIPMENT REPLACEMENT ANALYSIS; STATIONARY COSTS;

INDUSTRIAL MANAGEMENT;

EID: 33644789731     PISSN: 0740817X     EISSN: None     Source Type: Journal    
DOI: 10.1080/07408170500380054     Document Type: Article

References (16)

1. Andonov, R. and Poirriez, V and Rajopadhye, S. (2000) Unbounded knapsack problem: Dynamic programming revisited European Journal of Operational Research, 123, pp. 394 - 407. [CSA]
2. Bean, J. and Lohmann, J. and Smith, R. (1985) A dynamic infinite horizon replacement economy decision model The Engineering Economist, 30, pp. 99 - 120. [CSA]
3. Bean, J. and Lohmann, J. and Smith, R. (1994) Equipment replacement under technological change Naval Research Logistics, 41, pp. 117 - 128. [CSA]
4. Bellman, R. (1955) Equipment replacement policy Journal of the Society for the Industrial Applications of Mathematics, 3, pp. 133 - 136. [CROSSREF] [CSA]
5. Bellman, R.(1957) Dynamic Programming. Princeton NJ: Princeton University Press.
6. De Sousa, J. and Guimaraes, R. (1997) Setting the length of the planning horizon in the vehicle replacement problem European Journal of Operational Research, 101, pp. 550 - 559. [CROSSREF] [CSA]
7. Eschenbach, T.(2003) Engineering Economy, Applying Theory to Practice. Oxford UK: Oxford University Press.
8. Fleischer, G.(1994) Introduction to Engineering Economy. Boston MA: Prentice-Hall.
9. Gilmore, P. and Gomory, R. (1966) The theory and computation of knapsack functions Operations Research, 14, pp. 1045 - 1074. [CSA]
10. Morin, T. and Marsten, R. (1976) Branch-and-bound strategies for dynamic programming Operations Research, 24, pp. 611 - 627. [CSA]
11. Oakford, R. and Lohmann, J. and Salazar, A. (1984) A dynamic replacement economy decision model IIE Transactions, 16, pp. 65 - 72. [CSA]
12. Park, C.(2002) Contemporary Engineering Economics, 3rd edn.. Upper Saddle River NJ: Prentice-Hall.
13. Park, C. and Sharp-Bette, G.(1990) Advanced Engineering Economics. New York NY: John Wiley and Sons.
14. Regenier, E. and Sharp, G. and Tovey, C. (2004) Replacement under ongoing technological change IIE Transactions, 36, pp. 497 - 508. [CROSSREF] [CSA]
15. Thuesen, G. and Fabrycky, W.(2001) Engineering Economy, 9th edn.. Upper Saddle River NJ: Prentice-Hall.
16. Wagner, H.(1975) Principles of Operations Research. Englewood Cliffs NJ: Prentice-Hall, Inc.