Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/9340
Title: Optimal replacement of ageing equipment using geometric programming
Authors: Cheng, TCE 
Issue Date: 1992
Publisher: Taylor & Francis
Source: International journal of production research, 1992, v. 30, no. 9, p. 2151-2158 How to cite?
Journal: International journal of production research 
Abstract: Geometric programming (GP) is suggested as an analytical tool for solving a certain class of replacement problems with an infinite time horizon. The GP solution method is described and explained through the formulation and solution of a typical replacement problem. A numerical example is presented to illustrate how the theories of GP are applied for the analysis of replacement decisions of equipment due to age and wear. We also discuss the aspect of sensitivity analysis based on the GP approach.
URI: http://hdl.handle.net/10397/9340
ISSN: 0020-7543
EISSN: 1366-588X
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