Developing an Optimal Repair-Replacement Strategy for Pallets
The problem of determining when to repair and when to replace failing equipment is a concern of management of productive resources. Inefficient management due to the use of non-optimal repair-replacement policies can have significant financial implications. The purpose of this paper is to describe t...
Main Authors: | , |
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Format: | Working Paper |
Language: | en_US |
Published: |
Massachusetts Institute of Technology, Operations Research Center
2004
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Online Access: | http://hdl.handle.net/1721.1/5139 |