A stochastic dynamic programming approach for the machine replacement problem
This paper addresses both the modeling and the resolution of the replacement problem for a
population of machines. The main objective is the computation of a minimum cost …
population of machines. The main objective is the computation of a minimum cost …
Equipment replacement: A literature review of the stochastic approach using artificial intelligence
Replacing productive equipment is necessary due to its deterioration, which involves failure
costs. However, studies on equipment replacement often lack stochastic approaches …
costs. However, studies on equipment replacement often lack stochastic approaches …
A two-stage heuristic approach for fleet management optimization under time-varying demand
An efficient two-stage heuristic approach is developed for solving the fleet management
problem under time-varying demand. Stage 1 of the approach optimizes the vehicles' …
problem under time-varying demand. Stage 1 of the approach optimizes the vehicles' …
Case study: An assessment of the economic service life of research equipment in the Korean public research institutes
JG Lee, DJ Lee, P Ri, KT Kim… - The Engineering …, 2022 - Taylor & Francis
Recently, as the effective use of research equipment has been regarded as a prerequisite
condition to maximize research and development (R&D) outcomes, the problem of replacing …
condition to maximize research and development (R&D) outcomes, the problem of replacing …
Parallel machine replacement with shipping decisions
In this research, the Parallel Machine Replacement Problem is adapted to include shipping
decisions between demand sites. The formulation arises from an application in the …
decisions between demand sites. The formulation arises from an application in the …
Optimal parallel machine replacement policy under general repair
Y Li - IIE Annual Conference. Proceedings, 2020 - search.proquest.com
The general parallel machine replacement problem seeks an optimal cost replacement
policy for a finite population of economically interdependent machines. In this paper, we …
policy for a finite population of economically interdependent machines. In this paper, we …
Parallel Machine Replacement: An Analysis in Construction Industry with Considerations of Horizon Uncertainty, Multi-Purpose Machines and Transportation
BA Shields - 2018 - trace.tennessee.edu
In this dissertation, the procurement and replacement of interdependent assets is
considered in which the machines satisfy demand in parallel. A number of realistic scenarios …
considered in which the machines satisfy demand in parallel. A number of realistic scenarios …