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dc.contributor.advisorPark, Chan S.
dc.contributor.advisorValenzuela, Jorgeen_US
dc.contributor.advisorLiao, Mingen_US
dc.contributor.authorKim, Kyongsunen_US
dc.date.accessioned2008-09-09T22:37:23Z
dc.date.available2008-09-09T22:37:23Z
dc.date.issued2008-08-15en_US
dc.identifier.urihttp://hdl.handle.net/10415/1212
dc.description.abstractReplacement decisions are critical in most businesses, because assets are subject to deterioration or obsolescence with usage and time. In addition, technological improvement affects the replacement cycle of assets. In our paper, we focus on a fleet replacement problem with a single-unit. The main problems of fleet replacement decisions are first, when we should replace existing assets with new assets, and second, how many assets to replace at once. To solve these problems, we introduce two policies for fleet replacement: group replacement and staggered replacement. To address these issues, we develop mathematical models and analyze results to find the preferable policy under certain conditions.en_US
dc.language.isoen_USen_US
dc.subjectIndustrial and Systems Engineeringen_US
dc.titleGroup versus Staggered Replacement Policy-Strategic Replacement Decisonsen_US
dc.typeThesisen_US
dc.embargo.lengthNO_RESTRICTIONen_US
dc.embargo.statusNOT_EMBARGOEDen_US


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