A guideline for making equipment replacement decisions

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dc.contributor.advisorRickards, Jeremy
dc.contributor.advisorRichards, Jeremy
dc.contributor.authorUnderhill, Doug
dc.date.accessioned2023-06-07T22:02:54Z
dc.date.available2023-06-07T22:02:54Z
dc.date.issued1989
dc.description.abstractAt the present time, only a small portion of Canadian forest companies have a standardized, written replacement policy that is based on economic theory. By not replacing their equipment at the optimum time, these companies are loosing money. Two replacement models, the FERIC Complex model and the Stewart model, were analysed and compared using data for a fleet of Koehring feller forwarders. The Stewart model was found to be a more useful tool for assisting equipment managers in making equipment replacement decisions. Guidelines to assist equipment managers in performing replacement analysis are suggested and recommendations are made for more research into this area. Key words : replacement policy, FERIC Complex model, Stewart model.
dc.description.copyrightNot available for use outside of the University of New Brunswick
dc.description.noteUnderhill, Doug (1989). A guideline for making equipment replacement decisions . (Engineering Senior Report no. TFEM-203 1989). Fredericton : University of New Brunswick, Faculty of Forestry and Environmental Engineering TFEM-203 1989 1882/16417 Original Faculty Name: Faculty of Forestry
dc.description.noteUniversity of New Brunswick. Faculty of Forestry.
dc.format.extentvii, 71 pages
dc.format.mediumelectronic
dc.identifier.urihttps://unbscholar.lib.unb.ca/handle/1882/36239
dc.language.isoen_CA
dc.publisherUniversity of New Brunswick
dc.rightshttp://purl.org/coar/access_right/c_16ec
dc.subject.disciplineForest Engineering
dc.titleA guideline for making equipment replacement decisions
dc.typesenior report
thesis.degree.disciplineForest Engineering
thesis.degree.fullnameBachelor of Science in Forest Engineering
thesis.degree.grantorUniversity of New Brunswick
thesis.degree.levelundergraduate
thesis.degree.nameB.Sc.F.E.

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