A discounted machine-replacement model with an expected future technological breakthrough

DOI<link itemprop=identifier href="https://doi.org/10.1002/1520-6750(198804)35:2<209::AID-NAV3220350206>3.0.CO;2-3" /><209::AID-NAV3220350206>3.0.CO;2-3 10.1002/1520-6750(198804)35:2<209::AID-NAV3220350206>3.0.CO;2-3zbMath0639.90039OpenAlexW2068760673MaRDI QIDQ3780730

Zvi Goldstein, Shaul P. Ladany, Abraham Mehrez

Publication date: 1988

Full work available at URL: https://doi.org/10.1002/1520-6750(198804)35:2<209::aid-nav3220350206>3.0.co;2-3

zbMATH Keywords

hierarchical planningsingle-stage manufacturing systemmachine-replacementpurchasing, operating, and resale costs

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25)

Related Items (8)

Maintenance optimal control three-machine replacement model under technological breakthrough expectations ⋮ Myopia and \(R\& D\)/production complementarities ⋮ Optimal selection of obsolescence mitigation strategies using a restless bandit model ⋮ A Finite Horizon Dynamic Programming Model for Production and Repair Decisions ⋮ A concave cost stochastic replacement problem. ⋮ A concave cost multimachine replacement problem with an expected breakthrough. ⋮ Capacity planning with technology replacement by stochastic dynamic programming ⋮ A model for equipment replacement due to technological obsolescence

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