Concepedia

Equipment Replacement Analysis

Equipment Replacement Analysis is a capital budgeting framework that systematically evaluates the economic viability of replacing existing mining equipment with new alternatives by comparing the net present value of future cash flows associated with operational efficiencies, maintenance costs, and capital expenditures.

86

Publications

5.5K

Citations

150

Authors

94

Institutions

Publications per year

2017–2026

7

Parents

Publications

86

A Markovian Decision Process

Richard Bellman · Indiana University Mathematics Journal · 1957 · 2.4K citations

, , +13

Adaptation in the Production Process

Ferdinand K. Levy · Management Science · 1965 · 223 citations

, , +16

Equipment Replacement Policy

Richard Bellman · Journal of the Society for Industrial and Applied Mathematics · 1955 · 193 citations

, , +13

The Stochastic Shortest Route Problem

C. Elliott Sigal, A. Alan B. Pritsker, James J. Solberg · Operations Research · 1980 · 189 citations

, , +17

Equipment replacement decisions and lean manufacturing

William G. Sullivan, Thomas N. McDonald, Eileen M. Van Aken · Robotics and Computer-Integrated Manufacturing · 2002 · 173 citations

, , +14

1–5 of 86

Authors

150

  1. JM
    J. M. A. Tanchoco

    Purdue University West Lafayette, United States

    4 publications · 80 citations

    4

    h-index

  2. JC
    Joseph C. Hartman

    Lehigh University, United States

    4 publications · 147 citations

    4

    h-index

  3. RL
    Robert L. Smith

    University of Michigan, United States

    4 publications · 144 citations

    4

    h-index

  4. AC
    Aldo Calcante

    University of Milan, Italy

    3 publications · 40 citations

    3

    h-index

  5. RB
    Richard Bellman

    RAND Corporation, United States

    3 publications · 2.6K citations

    3

    h-index

1–5 of 150

Institutions

94

  1. Purdue University West Lafayette

    West Lafayette, United States

    8 h-index

    10 publications

    728 citations

  2. University of Michigan

    Ann Arbor, United States

    4 h-index

    6 publications

    252 citations

  3. Lehigh University

    Bethlehem, United States

    4 h-index

    6 publications

    298 citations

  4. Stanford University

    Stanford, United States

    3 h-index

    4 publications

    352 citations

  5. Chinese University of Hong Kong

    Hong Kong, Hong Kong

    3 h-index

    3 publications

    79 citations

  6. Prairie View A&M University

    Prairie View, United States

    2 h-index

    2 publications

    68 citations

  7. Decision Sciences (United States)

    Fort Walton Beach, United States

    2 h-index

    2 publications

    39 citations

  8. Virginia Tech

    Blacksburg, United States

    2 h-index

    6 publications

    552 citations

1–8 of 94

Venues

  1. Operations Research

    6 publications · 384 citations

    6

    h-index

  2. Management Science

    5 publications · 356 citations

    5

    h-index

  3. Journal of the Operational Research Society

    OR · 5 publications · 202 citations

    5

    h-index

  4. 5

    h-index

  5. The Engineering Economist

    3 publications · 70 citations

    3

    h-index

1–5