Equipment Replacement Under Continuous And Discontinuous Technological Change
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Equipment Replacement Under Continuous And Discontinuous Technological Change
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Author : Jennifer Lynn Rogers
language : en
Publisher:
Release Date : 2005
Equipment Replacement Under Continuous And Discontinuous Technological Change written by Jennifer Lynn Rogers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Replacement of industrial equipment categories.
Technological change is a major motivation for equipment replacement. Most models in the literature assume that technology improves either continuously according to some known function, or that a single breakthrough will arrive at some uncertain (or certain) time. We argue that many assets undergo two types of technological advancement: both discontinuous and continuous technological change. Discontinuous technological change is represented by jumps in improvement with each new vintage arrival, and continuous technological change is represented by incremental improvement with each release of the same vintage. In our research, we consider different ways to represent the breakthroughs in technology: fixed intervals, forecasted arrival times, and uncertain arrival times. We provide and solve dynamic programming formulations developed from the traditional equipment replacement models by Bellman and Wagner. In general, we find that economic lifetimes are shorter when including both types of technological change in the analysis.
Optimal Control Of Age Structured Populations In Economy Demography And The Environment
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Author : Raouf Boucekkine
language : en
Publisher: Routledge
Release Date : 2013-05-13
Optimal Control Of Age Structured Populations In Economy Demography And The Environment written by Raouf Boucekkine and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-13 with Business & Economics categories.
This book covers a wide range of topics within mathematical modelling and the optimization of economic, demographic, technological and environmental phenomena. Each chapter is written by experts in their field and represents new advances in modelling theory and practice. These essays are exemplary of the fruitful interaction between theory and practice when exploring global and local changes. The unifying theme of the book is the use of mathematical models and optimization methods to describe age-structured populations in economy, demography, technological change, and the environment. Emphasis is placed on deterministic dynamic models that take age or size structures, delay effects, and non-standard decision variables into account. In addition, the contributions deal with the age structure of assets, resources, and populations under study. Interdisciplinary modelling has enormous potential for discovering new insights in global and regional development. Optimal Control of Age-structured Populations in Economy, Demography, and the Environment is a rich and excellent source of information on state-of-the-art modelling expertise and references. The book provides the necessary mathematical background for readers from different areas, such as applied sciences, management sciences and operations research, which helps guide the development of practical models. As well as this the book also surveys the current practice in applied modelling and looks at new research areas for a general mathematical audience. This book will be of interest primarily to researchers, postgraduate students, as well as a wider scientific community, including those focussing on the subjects of applied mathematics, environmental sciences, economics, demography, management, and operations research.
Complex System Maintenance Handbook
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Author : Khairy Ahmed Helmy Kobbacy
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-04-15
Complex System Maintenance Handbook written by Khairy Ahmed Helmy Kobbacy and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Technology & Engineering categories.
This utterly comprehensive work is thought to be the first to integrate the literature on the physics of the failure of complex systems such as hospitals, banks and transport networks. It has chapters on particular aspects of maintenance written by internationally-renowned researchers and practitioners. This book will interest maintenance engineers and managers in industry as well as researchers and graduate students in maintenance, industrial engineering and applied mathematics.
Optimal Policies For Equipment Replacement With Stochastic Technological Change
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Author : Robert A. Meyer
language : en
Publisher:
Release Date : 1968
Optimal Policies For Equipment Replacement With Stochastic Technological Change written by Robert A. Meyer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1968 with Replacement of industrial equipment categories.
A Neoclassical Theory Of Durable Good Diffusion
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Author : Jerry R. Jackson
language : en
Publisher:
Release Date : 1979
A Neoclassical Theory Of Durable Good Diffusion written by Jerry R. Jackson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Diffusion of innovations categories.
Informs Annual Meeting
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Author : Institute for Operations Research and the Management Sciences. National Meeting
language : en
Publisher:
Release Date : 2005
Informs Annual Meeting written by Institute for Operations Research and the Management Sciences. National Meeting and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Industrial management categories.
Digital Disruptive Innovation
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Author : Tidd Joe
language : en
Publisher: World Scientific
Release Date : 2019-08-21
Digital Disruptive Innovation written by Tidd Joe and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-21 with Business & Economics categories.
Dissertation Abstracts International
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Author :
language : en
Publisher:
Release Date : 2005
Dissertation Abstracts International written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Dissertations, Academic categories.
Defense Technological Innovation
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Author : Bharat Rao
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-05-29
Defense Technological Innovation written by Bharat Rao and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-29 with Business & Economics categories.
Defense Technological Innovation describes the emerging paradigm for innovation at the US Department of Defense, and the consequent impacts on its stakeholders. Leveraging a combination of prior research, archival data, first-person observations and interviews, the authors identify practices and themes characterizing the key trends in defense innovation, describe current organizational approaches and practices, and develop a theoretical framework that elucidates the competencies required to underwrite defense innovation objectives. The findings therein are relevant to any large, technology-driven organization contending with the implications of rapid change in the high-tech landscape.
Report Of The Technology And Economic Assessment Panel May 2005 Progress Report
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Author :
language : en
Publisher: UNEP/Earthprint
Release Date :
Report Of The Technology And Economic Assessment Panel May 2005 Progress Report written by and has been published by UNEP/Earthprint this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.