ECONOMIC REPLACEMENT POLICY. AN ABBREVIATED VERSION OF R-224.
RAND CORP SANTA MONICA CALIF
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Contents Chapter 1, Introduction. Chapter 2, Elements of the replacement problem Costs, Service streams, Computational procedure, Electronic computer solutions, Limited period of service, Discrete changes. Chapter 3, Mathematical formulation Notation in mathematical formulation, Exponential approximation -- computational methods, Limited period of service, Nonanalytic functional forms. Chapter 6, Some issues common to all applications Service valuation, What rate of interest, Effect of uncertainty of forecasts, Related investment decisions, Applicability to air force equipment.
- Economics and Cost Analysis
- Logistics, Military Facilities and Supplies