A real options approach for joint overhaul and replacement strategies with mean reverting prices
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DOI: 10.1007/s10479-018-2906-z
Abstract: Due to its significant impact on economic performance, an effective equipment overhaul and replacement strategy is a key aspect of physical asset management in capital-intensive industries, such as the mining industry. Classical approaches suggest periodic… read more here.
Keywords: replacement; options approach; real options; overhaul replacement ... See more keywords
Internet of Things and Their Coming Perspectives: A Real Options Approach
Sign Up to like & getrecommendations! Published in 2019 at "Sustainability"
DOI: 10.3390/su11113178
Abstract: Internet of things is developing at a dizzying rate, and companies are forced to implement it in order to maintain their operational efficiency. The high flexibility inherent to these technologies makes it necessary to apply… read more here.
Keywords: things technologies; options approach; methodology; real options ... See more keywords