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| Author: | Rajagopalan, S. Soteriou, A. |
| Title: | Capacity acquisition and disposal with discrete facility sizes |
| Journal: | Management Science
1994 : JUL, VOL. 40:7, p. 903-917 |
| Index terms: | INTEGER PROGRAMMING CAPACITY EQUAL OPPORTUNITIES |
| Language: | eng |
| Abstract: | The authors consider some key features of capacity acquisition, disposal, and replacement decisions in this paper that are seldom captured in capacity expansion models in the literature. Capacity is often purchased in the form of equipment which comes only in a few discrete sizes. Some or all of the capacity may be replaced periodically due to the availability of better and cheaper equipment, or due to deterioration and increased operating costs of older equipment. |
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