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 |
| _version_ | 1826188131254140928 |
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| author | Haehling Von Lanzenauer, Christoph Wright, Don D. |
| author_facet | Haehling Von Lanzenauer, Christoph Wright, Don D. |
| author_sort | Haehling Von Lanzenauer, Christoph |
| collection | MIT |
| description | 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 the problem, analysis and results of a study which is concerned with determining the optimal repair-replacement strategy for an organization managing a large number of wooden pallets. |
| first_indexed | 2024-09-23T07:55:03Z |
| format | Working Paper |
| id | mit-1721.1/5139 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T07:55:03Z |
| publishDate | 2004 |
| publisher | Massachusetts Institute of Technology, Operations Research Center |
| record_format | dspace |
| spelling | mit-1721.1/51392019-04-09T15:30:49Z Developing an Optimal Repair-Replacement Strategy for Pallets Haehling Von Lanzenauer, Christoph Wright, Don D. 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 the problem, analysis and results of a study which is concerned with determining the optimal repair-replacement strategy for an organization managing a large number of wooden pallets. Supported in part by the U.S. Army Research Office (Durham) under Contract No. DAHC04-73-C-0032. 2004-05-28T19:24:54Z 2004-05-28T19:24:54Z 1976-02 Working Paper http://hdl.handle.net/1721.1/5139 en_US Operations Research Center Working Paper;OR 047-76 1746 bytes 1062514 bytes application/pdf application/pdf Massachusetts Institute of Technology, Operations Research Center |
| spellingShingle | Haehling Von Lanzenauer, Christoph Wright, Don D. Developing an Optimal Repair-Replacement Strategy for Pallets |
| title | Developing an Optimal Repair-Replacement Strategy for Pallets |
| title_full | Developing an Optimal Repair-Replacement Strategy for Pallets |
| title_fullStr | Developing an Optimal Repair-Replacement Strategy for Pallets |
| title_full_unstemmed | Developing an Optimal Repair-Replacement Strategy for Pallets |
| title_short | Developing an Optimal Repair-Replacement Strategy for Pallets |
| title_sort | developing an optimal repair replacement strategy for pallets |
| url | http://hdl.handle.net/1721.1/5139 |
| work_keys_str_mv | AT haehlingvonlanzenauerchristoph developinganoptimalrepairreplacementstrategyforpallets AT wrightdond developinganoptimalrepairreplacementstrategyforpallets |