Multiple asset replacement analysis under variable utilization and stochastic demand
Article Abstract:
The role dynamic programming plays in asset management has been discussed. Dynamic programming solutions to determine the optimal replacement schedules and utilization levels for two assets that operate in parallel are discussed.
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2004
General services, Purchasing, Machinery, Production functions (Economics), Global economy, Magneto-electric machines
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2004
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Johnson's problem with stochastic processing times and optimal service level
Article Abstract:
A study is conducted to using two heuristics and Johnson's problem to analyze overall distribution of minimal expected makespan of industrial operations.
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2006
New Zealand, Methods, Decision-making, Decision making, Heuristic, Distribution (Probability theory), Heuristics (Psychology)
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2006
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On the dynamics of stochastic diffusion of manufacturing technology
Article Abstract:
Manufacturing technology diffusion modeling is described.
Publisher: Elsevier B.V.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2000
Diffusion processes
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2000
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Subjects list: Analysis, Usage, Stochastic processes
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