Replacement decisions with multiple stochastic values and depreciation

DOI10.1016/J.EJOR.2016.07.006zbMath1394.90211OpenAlexW2470923292MaRDI QIDQ1752783

Roger Adkins, Dean Paxson

Publication date: 24 May 2018

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10454/11543

zbMATH Keywords

replacementtax depreciationstochastic operating cost and salvage value

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Reliability, availability, maintenance, inspection in operations research (90B25) Production theory, theory of the firm (91B38) Economic growth models (91B62) Stopping times; optimal stopping problems; gambling theory (60G40)

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Cites Work

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• Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher
• Tax Depreciation Policy and Investment Theory
• Conditional investment policy under uncertainty and irreversibility

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