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A model for equipment replacement due to technological obsolescence

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  • Nair, Suresh K.
  • Hopp, Wallace J.

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  • Nair, Suresh K. & Hopp, Wallace J., 1992. "A model for equipment replacement due to technological obsolescence," European Journal of Operational Research, Elsevier, vol. 63(2), pages 207-221, December.
  • Handle: RePEc:eee:ejores:v:63:y:1992:i:2:p:207-221
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    Cited by:

    1. Du, Li & Hu, Qiying & Liu, Liming, 2006. "A profit sharing scheme for a two-firm joint venture," European Journal of Operational Research, Elsevier, vol. 170(1), pages 277-292, April.
    2. Rahman, Atiqur & Loulou, Richard, 2001. "Technology acquisition with technological progress: effects of expectations, rivalry and uncertainty," European Journal of Operational Research, Elsevier, vol. 129(1), pages 159-185, February.
    3. Sampath Rajagopalan & Medini R. Singh & Thomas E. Morton, 1998. "Capacity Expansion and Replacement in Growing Markets with Uncertain Technological Breakthroughs," Management Science, INFORMS, vol. 44(1), pages 12-30, January.
    4. Milind Dawande & Srinagesh Gavirneni & Sanjeewa Naranpanawe & Suresh Sethi, 2007. "Forecast Horizons for a Class of Dynamic Lot-Size Problems Under Discrete Future Demand," Operations Research, INFORMS, vol. 55(4), pages 688-702, August.
    5. Phuc Hong Nguyen & Kung-Jeng Wang, 2019. "Strategic capacity portfolio planning under demand uncertainty and technological change," Flexible Services and Manufacturing Journal, Springer, vol. 31(4), pages 926-944, December.
    6. Esma Koca & Tommaso Valletti & Wolfram Wiesemann, 2021. "Designing Digital Rollovers: Managing Perceived Obsolescence through Release Times," Production and Operations Management, Production and Operations Management Society, vol. 30(10), pages 3698-3712, October.
    7. Yong Tan & Kamran Moinzadeh & Vijay S. Mookerjee, 2005. "Optimal Processing Policies for an e-Commerce Web Server," INFORMS Journal on Computing, INFORMS, vol. 17(1), pages 99-110, February.
    8. Wang, Kung-Jeng & Nguyen, Phuc Hong, 2017. "Capacity planning with technology replacement by stochastic dynamic programming," European Journal of Operational Research, Elsevier, vol. 260(2), pages 739-750.
    9. Mørch, Ove & Fagerholt, Kjetil & Pantuso, Giovanni & Rakke, Jørgen, 2017. "Maximizing the rate of return on the capital employed in shipping capacity renewal," Omega, Elsevier, vol. 67(C), pages 42-53.
    10. Hartman, Joseph C., 2004. "Multiple asset replacement analysis under variable utilization and stochastic demand," European Journal of Operational Research, Elsevier, vol. 159(1), pages 145-165, November.
    11. Gilvan C. Souza & Barry L. Bayus & Harvey M. Wagner, 2004. "New-Product Strategy and Industry Clockspeed," Management Science, INFORMS, vol. 50(4), pages 537-549, April.
    12. Kornish, Laura J., 2006. "Technology choice and timing with positive network effects," European Journal of Operational Research, Elsevier, vol. 173(1), pages 268-282, August.
    13. Adkins, Roger & Paxson, Dean, 2013. "Deterministic models for premature and postponed replacement," Omega, Elsevier, vol. 41(6), pages 1008-1019.
    14. S. Rajagopalan, 1998. "Capacity Expansion and Equipment Replacement: A Unified Approach," Operations Research, INFORMS, vol. 46(6), pages 846-857, December.
    15. Richardson, Steven & Kefford, Adrian & Hodkiewicz, Melinda, 2013. "Optimised asset replacement strategy in the presence of lead time uncertainty," International Journal of Production Economics, Elsevier, vol. 141(2), pages 659-667.
    16. Dinesh Kumar, U. & Saranga, Haritha, 2010. "Optimal selection of obsolescence mitigation strategies using a restless bandit model," European Journal of Operational Research, Elsevier, vol. 200(1), pages 170-180, January.
    17. Mellal, Mohamed Arezki, 2020. "Obsolescence – A review of the literature," Technology in Society, Elsevier, vol. 63(C).
    18. Suresh Chand & Vernon Ning Hsu & Suresh Sethi, 2002. "Forecast, Solution, and Rolling Horizons in Operations Management Problems: A Classified Bibliography," Manufacturing & Service Operations Management, INFORMS, vol. 4(1), pages 25-43, September.
    19. Öner, K.B. & Kiesmüller, G.P. & van Houtum, G.J., 2015. "On the upgrading policy after the redesign of a component for reliability improvement," European Journal of Operational Research, Elsevier, vol. 244(3), pages 867-880.

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