๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Equipment replacement under technological change

โœ Scribed by James C. Bean; Jack R. Lohmann; Robert L. Smith

Publisher
John Wiley and Sons
Year
1994
Tongue
English
Weight
632 KB
Volume
41
Category
Article
ISSN
0894-069X

No coin nor oath required. For personal study only.

๐Ÿ“œ SIMILAR VOLUMES

The dynamics of asset lifetime under tec
The dynamics of asset lifetime under technological change
โœ Natali Hritonenko; Yuri Yatsenko ๐Ÿ“‚ Article ๐Ÿ“… 2008 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 494 KB

The variable lifetime of assets is analyzed in a serial replacement problem. Technological change impacts the maintenance cost and new asset cost. The optimal asset lifetime appears to be constant only when both costs decrease with the same rate. We identify cases when the technological change decre