Publication Cover
The Engineering Economist
A Journal Devoted to the Problems of Capital Investment
Volume 43, 1998 - Issue 2
95
Views
36
CrossRef citations to date
0
Altmetric
ARTICLES

Optimal Replacement Under Variable Intensity of Utilization and Technological Progress

Pages 85-105 | Published online: 23 Oct 2007

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (12)

Jeong-Gi Lee, Deok-Joo Lee, Piao Ri, Kyung-Taek Kim & Sung-Joon Park. (2022) Case study: An assessment of the economic service life of research equipment in the Korean public research institutes. The Engineering Economist 67:2, pages 131-156.
Read now
Yuri Yatsenko, Natali Hritonenko & Seilkhan Boranbayev. (2020) Non-equal-life asset replacement under evolving technology: A multi-cycle approach. The Engineering Economist 65:4, pages 339-362.
Read now
Carlos Diniz & John Sessions. (2020) Ensuring consistency between strategic plans and equipment replacement decisions. International Journal of Forest Engineering 31:3, pages 211-223.
Read now
Yuri Yatsenko & Natali Hritonenko. (2016) Asset replacement under improving operating and capital costs: a practical approach. International Journal of Production Research 54:10, pages 2922-2933.
Read now
Hussan Al-Chalabi, Jan Lundberg, Alireza Ahmadi & Adam Jonsson. (2015) Case Study: Model for Economic Lifetime of Drilling Machines in the Swedish Mining Industry. The Engineering Economist 60:2, pages 138-154.
Read now
Hussan Al-Chalabi, Farzaneh Ahmadzadeh, Jan Lundberg & Behzad Ghodrati. (2014) Economic lifetime prediction of a mining drilling machine using an artificial neural network. International Journal of Mining, Reclamation and Environment 28:5, pages 311-322.
Read now
Joseph C. Hartman & Chin Hon Tan. (2014) Equipment Replacement Analysis: A Literature Review and Directions for Future Research. The Engineering Economist 59:2, pages 136-153.
Read now
Yuri Yatsenko & Natali Hritonenko. (2009) Technological Breakthroughs and Asset Replacement. The Engineering Economist 54:2, pages 81-100.
Read now
EVA REGNIER, GUNTER SHARP & CRAIG TOVEY. (2004) Replacement under ongoing technological progress. IIE Transactions 36:6, pages 497-508.
Read now
JOSEPHC. HARTMAN. (2001) An economic replacement model with probabilistic asset utilization. IIE Transactions 33:9, pages 717-727.
Read now
TIMO KÄRRI. (2000) UNIT COST MODEL FOR THE TIMING OF CAPACITY CHANGE. The Engineering Economist 45:2, pages 93-114.
Read now
JOSEPHC. HARTMAN. (1999) A GENERAL PROCEDURE FOR INCORPORATING ASSET UTILIZATION DECISIONS INTO REPLACEMENT ANALYSIS. The Engineering Economist 44:3, pages 217-238.
Read now

Articles from other publishers (24)

Hussan Al-Chalabi. (2022) Development of an economic replacement time model for mining equipment: a case study. Life Cycle Reliability and Safety Engineering 11:2, pages 203-217.
Crossref
R.G.U.I. Meththananda, N.C. Ganegoda, S.S.N. Perera, K.K.W.H. Erandi, Y. Jayathunga & H.O.W. Peiris. (2021) On timeline of enhancing testing-capacity of COVID-19: A case study via an optimal replacement model. Journal of Process Control 105, pages 204-213.
Crossref
Yuri Yatsenko & Natali Hritonenko. (2020) Optimal asset replacement: Profit maximization under varying technology. International Journal of Production Economics 228, pages 107670.
Crossref
Enzo Bivona, Francesco Ceresia & Giovanni Tumminello. (2019) Overcoming managers’ myopic decisions in a waste collection company. Journal of Modelling in Management 14:4, pages 1023-1041.
Crossref
Amir H. Ansaripoor & Fernando S. Oliveira. (2018) Flexible lease contracts in the fleet replacement problem with alternative fuel vehicles: A real-options approach. European Journal of Operational Research 266:1, pages 316-327.
Crossref
Yuri Yatsenko & Natali Hritonenko. (2017) Machine replacement under evolving deterministic and stochastic costs. International Journal of Production Economics 193, pages 491-501.
Crossref
Amir H. Ansaripoor, Fernando S. Oliveira & Anne Liret. (2016) Recursive expected conditional value at risk in the fleet renewal problem with alternative fuel vehicles. Transportation Research Part C: Emerging Technologies 65, pages 156-171.
Crossref
Hussan Saed Al-Chalabi, Jan Lundberg, Majid Al-Gburi, Alireza Ahmadi & Behzad Ghodrati. (2015) Model for economic replacement time of mining production rigs including redundant rig costs. Journal of Quality in Maintenance Engineering 21:2, pages 207-226.
Crossref
Y. Yatsenko & N. Hritonenko. (2015) Two-cycle optimization in replacement models with non-exponential technological improvement. IMA Journal of Management Mathematics.
Crossref
Yuri Yatsenko & Natali Hritonenko. (2015) Algorithms for asset replacement under limited technological forecast. International Journal of Production Economics 160, pages 26-33.
Crossref
Amir H. Ansaripoor, Fernando S. Oliveira & Anne Liret. (2014) A risk management system for sustainable fleet replacement. European Journal of Operational Research 237:2, pages 701-712.
Crossref
Sebastian E. Guerrero. (2014) Modeling fuel saving investments and fleet management in the trucking industry: The impact of shipment performance on GHG emissions. Transportation Research Part E: Logistics and Transportation Review 68, pages 178-196.
Crossref
Roger Adkins & Dean Paxson. (2013) Deterministic models for premature and postponed replacement. Omega 41:6, pages 1008-1019.
Crossref
Sebastian E. Guerrero, Samer M. Madanat & Robert C. Leachman. (2013) The Trucking Sector Optimization Model: A tool for predicting carrier and shipper responses to policies aiming to reduce GHG emissions. Transportation Research Part E: Logistics and Transportation Review 59, pages 85-107.
Crossref
N. Motamedi, M. Reza Peyghami & M. Hadizadeh. (2013) A mixed integer nonlinear programming model for the optimal repair–replacement in the firm. Mathematical Social Sciences 66:3, pages 366-371.
Crossref
Natali Hritonenko & Yuri Yatsenko. (2012) Fleet replacement under technological shocks. Annals of Operations Research 196:1, pages 311-331.
Crossref
Yuri Yatsenko & Natali Hritonenko. (2011) Economic life replacement under improving technology. International Journal of Production Economics 133:2, pages 596-602.
Crossref
Miguel A. FigliozziJesse A. BoudartWei Feng. (2011) Economic and Environmental Optimization of Vehicle Fleets. Transportation Research Record: Journal of the Transportation Research Board 2252:1, pages 1-6.
Crossref
Yuri Yatsenko & Natali Hritonenko. (2010) Discrete–continuous analysis of optimal equipment replacement. International Transactions in Operational Research 17:5, pages 577-593.
Crossref
Natali Hritonenko & Yuri Yatsenko. (2009) Integral equation of optimal replacement: Analysis and algorithms. Applied Mathematical Modelling 33:6, pages 2737-2747.
Crossref
Natali Hritonenko & Yuri Yatsenko. (2008) The dynamics of asset lifetime under technological change. Operations Research Letters 36:5, pages 565-568.
Crossref
Natali Hritonenko & Yuri Yatsenko. (2008) Anticipation echoes in vintage capital models. Mathematical and Computer Modelling 48:5-6, pages 734-748.
Crossref
Yuri Yatsenko & Natali Hritonenko. (2008) Properties of optimal service life under technological change. International Journal of Production Economics 114:1, pages 230-238.
Crossref
Joseph C Hartman. (2004) Multiple asset replacement analysis under variable utilization and stochastic demand. European Journal of Operational Research 159:1, pages 145-165.
Crossref

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.