The marginal cost analysis and its application to repair and replacement policies

Article Abstract:

The effect of results of marginal cost analysis on decisions concerning repair and maintenance by a firm is discussed. Historical, current and expected costs influence policies on repair or replacement. A state of chance and incomplete information is assumed in a model that extends the model developed by Cleroux, Dubuq and Tilquin. This assumption is considered better than one in which thorough knowledge of life distribution is presumed as the former is more realistic and attuned to long-term conditions.

Economic aspects, Maintenance, Direct costing

---

Special cases of the quadratic assignment problem

Article Abstract:

Parametric linear programming algorithms were developed to solve special cased of the quadratic assignment problem. The algorithms were a result of the transformation of non-convex programs into parametric programs. The parameter search is hastened through the derivation of lower and upper bounds of the parameters. Numerical experiments prove the efficiency of the algorithms.

Linear programming

---

Similar abstracts:

• Abstracts: A warming world: countries have not lived up to their environmental promises. How to clean up: protecting the ozone layer may prove easier than curbing global warming
• Abstracts: The role of landowners in the preparation of statutory local plans. part 2 Industrial land availability(Cheshire-Wirral corridor)
• Abstracts: Operations research in facility planning: introduction to the special issue. A foundational concept of science appropriate for validation in operational research
• Abstracts: Design of tool magazine and operational areas for a multi-tool machine. part 2 The predictionucorrection approach to nonlinear complementarity problems
• Abstracts: Courting women using sports marketing: a content analysis of the US Open. part 2 Brand globally but advertise locally?: an empirical investigation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.