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| Author: | Sarkis, J. Semple, J. |
| Title: | An optimal multimachine replacement policy in a serially dependent production system (Ersatzinvestition) |
| Journal: | International Journal of Production Research
1994 : NOV, VOL. 32:11, p. 2657-2667 |
| Index terms: | |
| Freeterms: | FERTIGUNGSINSTANDHALTUNG, OPTIMIERUNGSRECHNUNG |
| Language: | eng |
| Abstract: | The problem of multimachine replacement in a serially dependent production system was proposed and carefully studied by Trippi and Khumawala (1975) within the more general framework of multi-asset renewal. An integer programming formulation was developed to determine the machine replacement schedule which minimized total related expenses over a finite horizon. In this paper, the authors propose a more compact integer programming reformulations whose optimal solution solves a generalized Trippi and Khumawala multimachine replacement problem. |
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