Equipment replacement under technological change
作者:
James C. Bean,
Jack R. Lohmann,
Robert L. Smith,
期刊:
Naval Research Logistics (NRL)
(WILEY Available online 1994)
卷期:
Volume 41,
issue 1
页码: 117-128
ISSN:0894-069X
年代: 1994
DOI:10.1002/1520-6750(199402)41:1<117::AID-NAV3220410108>3.0.CO;2-U
出版商: Wiley Subscription Services, Inc., A Wiley Company
数据来源: WILEY
摘要:
AbstractFor infinite‐horizon replacement economy problems it is common practice to truncate the problem at some finite horizon. We develop bounds on the error due to such a truncation. These bounds differ from previous results in that they include both revenues and costs. Bounds are illustrated through a numerical example from a real case in vehicle replacement. © 1994 John Wiley&Sons, I
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