Accession Number:

AD0627202

Title:

ECONOMIC REPLACEMENT POLICY. AN ABBREVIATED VERSION OF R-224.

Descriptive Note:

Research memo.,

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1958-04-09

Pagination or Media Count:

34.0

Abstract:

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.

Subject Categories:

  • Economics and Cost Analysis
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE