{"product_id":"strategic-replacement-decisions-von-kyongsun-kim-und-chan-s-park","title":"STRATEGIC REPLACEMENT DECISIONS","description":"\u003cp\u003eReplacement decisions are critical in most  businesses, because assets are subject to  deterioration or obsolescence with usage and time.  In addition, technological improvement affects the  replacement cycle of assets. In our research, we  focus on a fleet replacement problem with a single- unit. The main problems of fleet replacement  decisions are first, when we should replace existing  assets with new assets, and second, how many assets  to replace at once. To solve these problems, we  introduce two policies for fleet replacement: group  replacement and staggered replacement. To address  these issues, we develop mathematical models and  analyze results to find the preferable policy under  certain conditions.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838391625\"\u003e\u003ch3\u003eGROUP VERSUS STAGGERED REPLACEMENT POLICY\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838391625","offer_id":39499018535005,"sku":"9783838391625","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/9d8a9465-e3cd-4eac-9a4d-ffe887bb9926.jpg?v=1758260816","url":"https:\/\/shop.autorenwelt.de\/products\/strategic-replacement-decisions-von-kyongsun-kim-und-chan-s-park","provider":"Autorenwelt Shop","version":"1.0","type":"link"}