Equipment replacement analysis: a literature review and directions for future research

JC Hartman, CH Tan - The engineering economist, 2014 - Taylor & Francis
Replacing equipment is an important decision that nearly all entities must face, generally
motivated by rising operating and maintenance costs of current assets or the technological …

Incorporating network considerations into pavement management systems: A case for approximate dynamic programming

A Medury, S Madanat - Transportation Research Part C: Emerging …, 2013 - Elsevier
The objective of infrastructure management is to provide optimal maintenance, rehabilitation
and replacement (MR&R) policies for a system of facilities over a planning horizon. While …

Capacity expansion and replacement in growing markets with uncertain technological breakthroughs

S Rajagopalan, MR Singh… - Management Science, 1998 - pubsonline.informs.org
The accelerated pace of technological change has led to rapid obsolescence of productive
capacity in electronics and other industries. Managers must consider the impact of future …

Modeling and solving the periodic maintenance problem

A Grigoriev, J Van De Klundert… - European journal of …, 2006 - Elsevier
We study the problem of scheduling maintenance services. Given is a set of m machines
and integral cost-coefficients ai and bi for each machine i (1⩽ i⩽ m). Time is discretized into …

Capacity expansion and equipment replacement: A unified approach

S Rajagopalan - Operations Research, 1998 - pubsonline.informs.org
Businesses frequently have to decide which of their existing equipment to replace, taking
into account future changes in capacity requirements. The significance of this decision …

Parallel replacement under capital rationing constraints

N Karabakal, JR Lohmann, JC Bean - Management Science, 1994 - pubsonline.informs.org
Contrary to serial replacement, parallel replacement problems require a decision maker to
evaluate a portfolio of replacement decisions in each time period because of economic …

An integrated model and solution approach for fleet sizing with heterogeneous assets

P Wu, JC Hartman, GR Wilson - Transportation Science, 2005 - pubsonline.informs.org
This paper addresses a fleet-sizing problem in the context of the truck-rental industry.
Specifically, trucks that vary in capacity and age are utilized over space and time to meet …

Uncertainty in fleet renewal: a case from maritime transportation

G Pantuso, K Fagerholt… - Transportation …, 2016 - pubsonline.informs.org
This paper addresses the fleet renewal problem and particularly the treatment of uncertainty
in the maritime case. A stochastic programming model for the maritime fleet renewal …

A stochastic dynamic programming approach for the machine replacement problem

A Forootani, MG Zarch, M Tipaldi, R Iervolino - Engineering Applications of …, 2023 - Elsevier
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 …

Fleet renewal with electric vehicles at La Poste

PR Kleindorfer, A Neboian, A Roset, S Spinler - Interfaces, 2012 - pubsonline.informs.org
We provide a decision model for La Poste, the French national postal operator, to address its
adoption of electric vehicles (EVs) for mail and parcel distribution. Two competing …