Setting the optimal type of equipment to be adopted and the optimal time to replace it

The mathematical models of equipment’s wear and tear, and replacement theory aim at deciding on the purchase selection of a certain equipment type, the optimal exploitation time of the equipment, the time and ways to replace or repair it, or to ensure its spare parts, the equipment’s performance in the technical progress context, the opportunities to modernize it etc.

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Year of publication:	2009-11-03
Authors:	Albici, Mihaela
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Equipment \| optimal type \| optimal time

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	M11 - Production Management ; O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008567983