The Asset Replacement Problem: State of the Art
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In this book chapter we summarize how the asset replacement problem has evolved over time. We provide a broad view of different modeling approaches, including the economic life, the repair cost limit, comprehensive cost minimization models, and we analyze in detail the parallel replacement models. We suggest a new model for parallel replacement that addresses some of the issues not yet solved in this area. Finally, we discuss the limitations of the current models from a theoretical and applied perspective and identify some of the challenges still faced by academics and practitioners working on this topic
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Pedrosa, E.; Boeck, L.; Putnis, C.; Putnis, Andrew (2017)© 2017 by Walter de Gruyter Berlin/Boston.Understanding the mechanism and kinetics of the replacement of carbonates by fluorite has applications in Earth sciences and engineering. Samples of Carrara marble were reacted ...
Pedrosa, E.; Putnis, C.; Putnis, Andrew (2016)© 2016 Elsevier B.V. The replacement of a natural carbonate rock (Carrara marble) by apatite was used as a model to study the role of fluid chemistry in replacement reactions, focusing on the mineralogy, chemical composition, ...
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