Capital asset replacement has a significant effect on company cash flow, since the investment on new asset is expensive. Overhaul policy can extend the optimal service life of an asset, and results in lower total life cycle cost of an asset. Technological change also affects the life cycle cost and optimal service life of an asset. In this paper we examine the replacement/renewal and overhaul/refurbish policies in a combination under technological change. We used System Dynamics model and simulate hypothetical data for 4 cases, and the output is in line with some previous studies using analytical models.

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Date created

• 2011 July 24-2011 July 28

Type

• Document

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• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

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• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

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28441c340962a2b363963713d1bba533

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Part of

e35e9d46c0556df862a8fbb9e32d2143

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23d738ba88f8333bc39725f9cb5bd0b8

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives