Article ID: | iaor20102876 |
Volume: | 36 |
Issue: | 5 |
Start Page Number: | 565 |
End Page Number: | 568 |
Publication Date: | Sep 2008 |
Journal: | Operations Research Letters |
Authors: | Yatsenko Yuri, Hritonenko Natali |
Keywords: | financial |
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