We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth … model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses … the model of quality improvements todescribe obsolescence. If the maintenance costs become too high, the operating profits …

This paper presents a generic modeling framework to simultaneously decide about production quantities and maintenance … wear and tear. For this reason frequent maintenance activities need to be coordinated with the production operations in … maintenance and di erent modes of interaction between maintenance and setups. As the model is numerically intractable for standard …

effects of tenancy rent control on housing quality and maintenance. Since the discounted revenue received over a fixed …

We develop a stochastic general equilibrium model in which maintenance endogenously affects the capital depreciation … rate. The model performs well in generating maintenance series that match closely existing survey-based measures for Canada …. Maintenance is procyclical and comoves almost always with output. Investmentspecific shocks are the only disturbances that induce …

Abstract This article gives a survey on some important maintenance policies involving minimal repairs and replacements …

life of track components and increases in track maintenance costs. This paper provides a state-of-the-art review of track … degradation modeling, as well as an overview of track maintenance decision support systems currently in use in North America and … Europe. The essential elements of a maintenance optimisation model currently under development are also highlighted. …

Fault detection and isolation (FDI) and design of optimal maintenance policies have been traditionally studied … objective of this paper is to provide a unified approach where maintenance decisions are driven by real-time FDI signals. Such … and maintenance (O&M). Our approach relies on the following steps. First, the information about the assets, their likely …

Performance-based contracting (PBC) for roadway maintenance is relatively new among various alternative contracting … the contracting community. Because performance-based maintenance contracts extend over multiple years (typically 5-7 years …