Multiple options in parallel replacement analysis: buy, lease or rebuild.: An article from: Engineering Economist

This digital document is an article from Engineering Economist, published by Institute of Industrial Engineers, Inc. (IIE) on March 22, 1997. The length of the article is 7421 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: An integer programming model solving the demand constrained finite horizon parallel replacement problem with homogeneous assets is presented here with asset purchases, leases and rebuilds as viable replacement options. The model minimizes the purchase, operating, maintenance and salvage costs of a fleet of assets while meeting demand requirements. The formulation is adapted to handle both capital and expense rationing constraints. Computational experience with real sized problems in the transportation industry is discussed and small examples are provided for illustration.

Citation Details
Title: Multiple options in parallel replacement analysis: buy, lease or rebuild.
Author: Joseph C. Hartman
Publication:Engineering Economist (Refereed)
Date: March 22, 1997
Publisher: Institute of Industrial Engineers, Inc. (IIE)
Volume: v42 Issue: n3 Page: p223(26)

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