The equipment replacement problem: A simple solution technique

The equipment replacement problem: A simple solution technique

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Article ID: iaor19941358
Country: India
Volume: 14
Issue: 3
Start Page Number: 275
End Page Number: 287
Publication Date: Sep 1993
Journal: Journal of Information & Optimization Sciences
Authors: , ,
Keywords: programming: dynamic
Abstract:

In the present paper the authors propose a simple method for solving an equipment replacement problem. The algorithm yields alternative optimal solutions, if any, as well. It is expected that further extensions to this approach to solve group replacement problems may be possible.

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