A Generalized Multimachine Replacement. Model for Flexible Automation Investments

Nallan C. Suresh

doi:10.1080/07408179208964210

A Generalized Multimachine Replacement. Model for Flexible Automation Investments

Nallan C. Suresh

Operations Management and Strategy

Research output: Contribution to journal › Article › peer-review

25 Scopus citations

Abstract

In this paper a multiperiod replacement model is developed in the context of an incremental implementation of flexible automation investments. The model takes into account the costs, benefits and effective utilization of several types of flexibility, in deriving optimal machine replacement sequences and cost-effective production plans during the transition and later periods.

Original language	English
Pages (from-to)	131-143
Number of pages	13
Journal	IIE Transactions (Institute of Industrial Engineers)
Volume	24
Issue number	2
DOIs	https://doi.org/10.1080/07408179208964210
State	Published - May 1992

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10.1080/07408179208964210

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A Generalized Multimachine Replacement. Model for Flexible Automation Investments

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