Economics at your fingertips  

Economic Equipment Policies: An Evaluation

Vernon Smith

Management Science, 1957, vol. 4, issue 1, 20-37

Abstract: The present paper summarizes the results of a detailed empirical investigation of the theory of economic equipment policy as applied to one important kind of industrial equipment, viz line-haul truck-tractor power units. The objective of this research was to ascertain, for a type of equipment which is perhaps best suited to exact replacement analysis, the quantitative importance to the firm of following optimal policies in replacement and in the choice of equipment type. Also it was desired to compare actual with optimal policies in a concrete case.

Date: 1957
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Matthew Walls ().

Page updated 2019-12-04
Handle: RePEc:inm:ormnsc:v:4:y:1957:i:1:p:20-37