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| Author: | Christer, A. Scarf, P. |
| Title: | A robust replacement model with applications to medical equipment |
| Journal: | Journal of the Operational Research Society
1994 : MAR, VOL. 45:3, p. 261-275 |
| Index terms: | REPLACEMENT COSTS MEDICAL CARE EQUIPMENT COSTS |
| Language: | eng |
| Abstract: | Perceived shortcomings in the applicability of capital equipment replacement modelling, identified in a 1987 survey within the UK are addressed and a robust replacement model formulated. First, however, a comparison between the 1987 survey and a similar 1988 survey undertaken within the USA is made and explanations for apparent differences in conclusions are presented. A replacement model is then developed in the context of medical equipment where factors such as service and risk play a role in replacement decision-making. |
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