The Asset Replacement Problem State of the Art

Amir H. Ansaripoor, Fernando S. Oliveira and Anne Liret ()
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Amir H. Ansaripoor: ESSEC Business School
Fernando S. Oliveira: ESSEC Business School
Anne Liret: Research and Innovation, BT Technology, Services and Operations

Chapter Chapter 14 in Transforming Field and Service Operations, 2013, pp 213-233 from Springer

Abstract: Abstract This book chapter outlines the different modelling approaches for realising sustainable operations of asset replacement and studying the impact of the economic life, the repair-cost limit and comprehensive cost minimisation models. In particular it analyses in detail the parallel replacement models and suggests a new model that addresses some of the issues not yet solved in this area. Finally a discussion about the limitations of the current models from a theoretical and applied perspective is proposed and identifies some of the challenges still faced by academics and practitioners working on this topic.

Keywords: Replacement Policy; Customer Experience; Replacement Problem; Field Service; Fleet Management (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-44970-3_14

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DOI: 10.1007/978-3-642-44970-3_14

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