Navon, R and Maor, D (1995) Equipment replacement and optimal size of a civil engineering fleet. Construction Management and Economics, 13(2), pp. 173-183. ISSN 01446193
Abstract
This paper analyses the optimal heavy civil engineering equipment fleet size. The study was initiated by a military unit, which has a fleet of a few hundred pieces of equipment. Prior to the study only operative considerations dictated fleet size and replacement policy. An economic analysis on the individual piece of equipment level is presented, as well as the collection of data for it. The main recommendations for the first year were to sell 33% of the existing fleet and buy new equipment at the rate of 10% of the existing fleet.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | civil engineering; economic life; equipment; replacement; retirement policy |
| Index terms: | replacement, economic analysis, operative |
| Subjects: | practitioner, materials science, design analysis |
| Topics: | Engineering Principles, Design Practice, Roles and Professions |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here