{"id":"https://openalex.org/W2079459249","doi":"https://doi.org/10.1080/0013791x.2012.677112","title":"Capital Equipment Replacement Under Technological Change","display_name":"Capital Equipment Replacement Under Technological Change","publication_year":2012,"publication_date":"2012-04-01","ids":{"openalex":"https://openalex.org/W2079459249","doi":"https://doi.org/10.1080/0013791x.2012.677112","mag":"2079459249"},"language":"en","primary_location":{"id":"doi:10.1080/0013791x.2012.677112","doi":"https://doi.org/10.1080/0013791x.2012.677112","is_oa":false,"landing_page_url":"https://doi.org/10.1080/0013791x.2012.677112","pdf_url":null,"source":{"id":"https://openalex.org/S51113653","display_name":"The Engineering Economist","issn_l":"0013-791X","issn":["0013-791X","1547-2701"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Engineering Economist","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5083188586","display_name":"Farid Mardin","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I161296585","display_name":"Tokyo University of Science","ror":"https://ror.org/05sj3n476","country_code":"JP","type":"education","lineage":["https://openalex.org/I161296585"]},{"id":"https://openalex.org/I98301867","display_name":"Hasanuddin University","ror":"https://ror.org/00da1gf19","country_code":"ID","type":"education","lineage":["https://openalex.org/I98301867"]}],"countries":["ID","JP"],"is_corresponding":false,"raw_author_name":"Farid Mardin","raw_affiliation_strings":["Department of Mechanical Engineering Faculty of Engineering, Hasanuddin University, Makassar, Indonesia ; Department of Industrial Administration, Faculty of Science and Technology, Tokyo University of Science, Noda, Japan","Department of Industrial Administration, Faculty of Science and Technology , Tokyo University of Science , Noda , Japan","Department of Mechanical Engineering Faculty of Engineering , Hasanuddin\u00a0University , Makassar , Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mechanical Engineering Faculty of Engineering, Hasanuddin University, Makassar, Indonesia ; Department of Industrial Administration, Faculty of Science and Technology, Tokyo University of Science, Noda, Japan","institution_ids":["https://openalex.org/I161296585","https://openalex.org/I98301867"]},{"raw_affiliation_string":"Department of Industrial Administration, Faculty of Science and Technology , Tokyo University of Science , Noda , Japan","institution_ids":["https://openalex.org/I161296585"]},{"raw_affiliation_string":"Department of Mechanical Engineering Faculty of Engineering , Hasanuddin\u00a0University , Makassar , Indonesia","institution_ids":["https://openalex.org/I98301867"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015050591","display_name":"Takeshi Arai","orcid":"https://orcid.org/0000-0002-6790-1300","observed_orcids":["https://orcid.org/0000-0002-6790-1300"]},"institutions":[{"id":"https://openalex.org/I161296585","display_name":"Tokyo University of Science","ror":"https://ror.org/05sj3n476","country_code":"JP","type":"education","lineage":["https://openalex.org/I161296585"]}],"countries":["JP"],"is_corresponding":false,"raw_author_name":"Takeshi Arai","raw_affiliation_strings":["Department of Industrial Administration, Faculty of Science and Technology, Tokyo University of Science, Noda, Japan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Industrial Administration, Faculty of Science and Technology, Tokyo University of Science, Noda, Japan","institution_ids":["https://openalex.org/I161296585"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.7704,"has_fulltext":false,"cited_by_count":28,"citation_normalized_percentile":{"value":0.95086662,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"57","issue":"2","first_page":"119","last_page":"129"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.5673999786376953,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.5673999786376953,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14014","display_name":"Transportation Systems and Infrastructure","score":0.22499999403953552,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14138","display_name":"Life Cycle Costing Analysis","score":0.11550000309944153,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/technological-change","display_name":"technological change","score":0.765999972820282},{"id":"https://openalex.org/keywords/operation-and-maintenance-costs","display_name":"operation and maintenance costs","score":0.9369999766349792},{"id":"https://openalex.org/keywords/purchase-price","display_name":"purchase price","score":0.6340000033378601}],"concepts":[{"id":"https://openalex.org/C124584101","wikidata":"https://www.wikidata.org/wiki/Q1053266","display_name":"Multiplier (economics)","level":2,"score":0.5147990584373474},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.5000936985015869},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4333127737045288},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4307646155357361},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.34456515312194824},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.33044755458831787},{"id":"https://openalex.org/C200601418","wikidata":"https://www.wikidata.org/wiki/Q2193887","display_name":"Reliability engineering","level":1,"score":0.3271254301071167},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.32368195056915283},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.25006091594696045},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.17942872643470764},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.07574605941772461},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/0013791x.2012.677112","doi":"https://doi.org/10.1080/0013791x.2012.677112","is_oa":false,"landing_page_url":"https://doi.org/10.1080/0013791x.2012.677112","pdf_url":null,"source":{"id":"https://openalex.org/S51113653","display_name":"The Engineering Economist","issn_l":"0013-791X","issn":["0013-791X","1547-2701"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-3"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Engineering Economist","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:uteexx:v:57:y:2012:i:2:p:119-129","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/0013791X.2012.677112","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320321009","display_name":"Erasmus Universiteit Rotterdam","ror":"https://ror.org/057w15z03"},{"id":"https://openalex.org/F4320329091","display_name":"Institut Teknologi Bandung","ror":"https://ror.org/00apj8t60"},{"id":"https://openalex.org/F4320335551","display_name":"Erasmus+","ror":"https://ror.org/01v2m4n16"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":10,"referenced_works":["https://openalex.org/W1990191636","https://openalex.org/W2010247126","https://openalex.org/W2039866636","https://openalex.org/W2046508293","https://openalex.org/W2062037484","https://openalex.org/W2086078426","https://openalex.org/W2089430153","https://openalex.org/W2133389777","https://openalex.org/W2167203454","https://openalex.org/W2168571035"],"related_works":["https://openalex.org/W6999135883","https://openalex.org/W2291736599","https://openalex.org/W2073148193","https://openalex.org/W2064402583","https://openalex.org/W2054902790","https://openalex.org/W2374880516","https://openalex.org/W2313545523","https://openalex.org/W4206290499","https://openalex.org/W2010190189","https://openalex.org/W2074814356"],"abstract_inverted_index":{"In":[0],"this":[1,92],"article,":[2],"one":[3],"of":[4,65],"the":[5,11,24,34,41,45,54,63,66,75,79,101,105],"commonly":[6],"used":[7],"replacement":[8],"decision":[9],"methods,":[10],"challenger\u2013defender":[12],"(CD)":[13],"method,":[14],"is":[15,20,49,70,96,111],"modified.":[16],"The":[17],"proposed":[18],"method":[19,27,69,77,95,103],"shown":[21],"to":[22,100],"outperform":[23],"original":[25,35],"CD":[26,68,94],"and,":[28],"in":[29],"some":[30],"cases,":[31],"it":[32],"outperforms":[33],"economic":[36],"life":[37],"(EL)":[38],"method.":[39],"When":[40],"annual":[42,106],"multiplier":[43],"for":[44,53],"purchase":[46],"price":[47],"(a)":[48],"higher":[50],"than":[51],"that":[52],"new":[55,80],"asset":[56,81],"operating":[57],"and":[58],"maintenance":[59],"(O&M)":[60],"costs":[61,83],"(q),":[62],"solution":[64],"modified":[67,93],"more":[71,97],"advantageous":[72,98],"compared":[73,99],"with":[74],"EL":[76],"when":[78,104],"O&M":[82],"purchased":[84],"at":[85],"time":[86],"0":[87],"(A)":[88],"are":[89],"higher.":[90,112],"Furthermore,":[91],"two-replacement-cycle":[102],"effective":[107],"discount":[108],"rate":[109],"(d)":[110]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}