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Optimal Replacement Policy.

JORGENSON, D. [Dale] W.; McCALL, J. J. & R. [Roy] RADNER:

Editorial: Chicago: Rand McNally/ Amsterdam: North-Holland, 1967., 1967
Condición: Near Fine Encuadernación de tapa dura
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First Edition. xii, 225, [1=ads] pp; 37 figs.; 10 tables. Original cloth. Near Fine, without dust jacket. Studies in Mathematical and Managerial Economics, Vol. 8. 'As far as cost is concerned, Morse once proposed a cost minimization maintenance model assuming an infinite time horizon. However, Jorgenson, McCall and Radner later had shown that this type of model is only effective when the failure rate is increasing' (Winco K. C. Yung, 'A Cost-effective Maintenance Model for Railway Transport', (1994-95 Annual lssue of IIE (HK)). 'In these models, equipment that is initially 'good' at installation can 'fail' at any time, and the current state of equipment—good or failed—is uncertain unless and until the equipment is inspected. These preparedness (or inspection) models include work by Radner and Jorgenson (1962) and Jorgenson, McCall, and Radner (1967)' (Mark A. Prell, U.S. Department of Agriculture, Economic Research Service, 'Certification Duration For Food Assistance Programs: An Economic Model With An Application to WIC', National Poverty Center Gerald R. Ford School of Public Policy, University of Michigan Web site). N° de ref. de la librería 16320

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Título: Optimal Replacement Policy.

Editorial: Chicago: Rand McNally/ Amsterdam: North-Holland, 1967.

Año de publicación: 1967

Encuadernación: Hardcover

Condición del libro:Near Fine

Condición de la sobrecubierta: No Jacket

Edición: 1st Edition

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